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719900.0
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2016-09-27 00:00:00 UTC
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Dillard's, Inc. (DDS) Ex-Dividend Date Scheduled for September 28, 2016
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DDS
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https://www.nasdaq.com/articles/dillards-inc-dds-ex-dividend-date-scheduled-september-28-2016-2016-09-27
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nan
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nan
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Dillard's, Inc. ( DDS ) will begin trading ex-dividend on September 28, 2016. A cash dividend payment of $0.07 per share is scheduled to be paid on October 31, 2016. Shareholders who purchased DDS prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that DDS has paid the same dividend. At the current stock price of $58.47, the dividend yield is .48%.
The previous trading day's last sale of DDS was $58.47, representing a -37.88% decrease from the 52 week high of $94.12 and a 7.54% increase over the 52 week low of $54.37.
DDS is a part of the Consumer Services sector, which includes companies such as Wal-Mart Stores, Inc. ( WMT ) and Costco Wholesale Corporation ( COST ). DDS's current earnings per share, an indicator of a company's profitability, is $6.02. Zacks Investment Research reports DDS's forecasted earnings growth in 2017 as -12.94%, compared to an industry average of 4%.
For more information on the declaration, record and payment dates, visit the DDS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Shareholders who purchased DDS prior to the ex-dividend date are eligible for the cash dividend payment. DDS is a part of the Consumer Services sector, which includes companies such as Wal-Mart Stores, Inc. ( WMT ) and Costco Wholesale Corporation ( COST ). Zacks Investment Research reports DDS's forecasted earnings growth in 2017 as -12.94%, compared to an industry average of 4%.
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DDS's current earnings per share, an indicator of a company's profitability, is $6.02. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Dillard's, Inc. ( DDS ) will begin trading ex-dividend on September 28, 2016.
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Shareholders who purchased DDS prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that DDS has paid the same dividend. For more information on the declaration, record and payment dates, visit the DDS Dividend History page.
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Shareholders who purchased DDS prior to the ex-dividend date are eligible for the cash dividend payment. Dillard's, Inc. ( DDS ) will begin trading ex-dividend on September 28, 2016. This marks the 5th quarter that DDS has paid the same dividend.
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85f0ac34-53e8-4e55-b117-fe887ae5d86d
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719901.0
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2016-09-08 00:00:00 UTC
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Why Dillard's Inc. Stock Fell 11% in August
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DDS
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https://www.nasdaq.com/articles/why-dillards-inc-stock-fell-11-august-2016-09-08
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nan
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nan
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What happened
Dillard's (NYSE: DDS) stock fell by double digits last month, with losses weighing in at 11%, according to data provided by S&P Global Market Intelligence .
DDS data by YCharts .
Shareholders are down by nearly 40% in the last 12 months, which is roughly even with retailing peers such as Macy's (NYSE: M) .
So what
Dillard's stock fell in response to a second-quarter earnings report that left investors wanting more. Sales, profits, and profitability levels all declined in what management admitted was a disappointing performance. "The challenges facing apparel retailers continued through the second quarter and our poor results reflect this," CEO William Dillard said in a press release.
The company posted a 5% drop in comparable-store sales, or a bit worse than Macy's 3% decline. Gross profit margin fell by a full percentage point to 35% of revenue. The good news is that Dillard's remained profitable, producing $12 million in net income.
Cash flow was also strong enough to fund nearly $60 million in returns to shareholders through dividends and share repurchases, which demonstrates that executives remain confident in the company's financial position.
Now what
Dillard's weak customer traffic trends imply that the rest of the year will be difficult, with continued declines in comps and profits. Expense cuts should help protect bottom-line profitability, though. Meanwhile, the company is heading into the critical holiday shopping period with a fairly lean inventory position, and so it isn't likely to require aggressive promotions to get through the season.
Shareholders should watch gross profit margin over the coming quarters for evidence that the retailer is holding the line on pricing. Ultimately, though, Dillard's will need to start posting comps growth that's at least as good as rivals for the stock to fully shake this bout of investor pessimism.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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What happened Dillard's (NYSE: DDS) stock fell by double digits last month, with losses weighing in at 11%, according to data provided by S&P Global Market Intelligence . DDS data by YCharts . Cash flow was also strong enough to fund nearly $60 million in returns to shareholders through dividends and share repurchases, which demonstrates that executives remain confident in the company's financial position.
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What happened Dillard's (NYSE: DDS) stock fell by double digits last month, with losses weighing in at 11%, according to data provided by S&P Global Market Intelligence . DDS data by YCharts . Gross profit margin fell by a full percentage point to 35% of revenue.
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What happened Dillard's (NYSE: DDS) stock fell by double digits last month, with losses weighing in at 11%, according to data provided by S&P Global Market Intelligence . DDS data by YCharts . Ultimately, though, Dillard's will need to start posting comps growth that's at least as good as rivals for the stock to fully shake this bout of investor pessimism.
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What happened Dillard's (NYSE: DDS) stock fell by double digits last month, with losses weighing in at 11%, according to data provided by S&P Global Market Intelligence . DDS data by YCharts . Shareholders should watch gross profit margin over the coming quarters for evidence that the retailer is holding the line on pricing.
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8fd7b3c5-8242-49d3-87d1-0131fc809b9e
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719902.0
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2016-08-30 00:00:00 UTC
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Here's How Shopping Trends Have Helped Retail Stocks Lately
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DDS
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https://www.nasdaq.com/articles/heres-how-shopping-trends-have-helped-retail-stocks-lately-2016-08-30
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nan
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nan
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Despite a sluggish start to the year, retail stocks have, more the most part, bounced back thanks to a relatively strong earnings season. While some companies failed to keep up, department stores like Macy's M , JCPenney JCP , Dillard's DDS , and Kohl's KSS , as well as specialty retailers like Foot Locker FL , Urban Outfitters URBN , and Tilly's TLYS posted encouraging results by cashing in on the latest shopping trends.
What Shoppers Want
Throughout the retail landscape, we are seeing shoppers respond well to revamped e-commerce and freshly polished physical stores. The retail companies that have performed well this earnings season were able to hone in on one, if not both, of these areas this quarter.
Let's take Macy's as an example. This staple of American shopping malls posted earnings of 54 cents per share, beating the Zacks Consensus Estimate of 40 cents per share. The company also beat revenue expectations, posting sales of $5.866 billion versus our consensus estimate of $5.749 billion. So what did Macy's CEO Terry J. Lundgren credit for the success? Well, among other things, Lundgren pointed to several in-store improvement.
"[Our new sales-driving initiatives] include additional investments in store staffing and visual presentation, the rollout of our enhanced fine jewelry departments, athletic/active apparel intensification, home store improvements and Last Act clearance strategy," he said.
On a smaller scale, retailers like Foot Locker were able to post strong results after by ensuring that stores were stocked with the latest trends in fashion. After an earnings and revenue double-beat, Foot Locker CEO Richard Johnson pointed to the quality of the company's shoes and apparel:
"[We share an understanding] with our key vendors, which enables us to partner with them to deliver the trend-right, premium footwear and apparel assortments our customers seek, which in turn has led to consistently outstanding financial results such as we announced today," Johnson said.
This earnings season proved that shoppers are willing to spend money, so long as it is at the right place. Throughout the quarter, we've seen that the better that companies were able to listen to customers, follow trends, and improve in-store and online offerings, the better the company performed compared to others who fell behind.
"For the past few years, we have worked to lift our brands through merchandise leadership and innovation, strengthen our customer focus and invest in technology," said American Eagle CEO Jay Schottenstein after his company posted earnings and revenue which both beat the respective Zacks Consensus Estimate.
Tilly's, a current Zacks Rank #1 (Strong Buy) was also able to post a double-beat, turning a surprise profit on the back of 1% comps growth, which included its e-commerce business.
And while these companies primarily operate in shopping malls, other big retailers saw success in the same areas. Walmart WMT , for example, has invested several billion dollars into the improvement of its e-commerce business over the past several years, and this quarter the company saw U.S. same-store sales gain 1.6%, which was backed by a positive impact from e-commerce sales.
Bottom Line
After the first quarter, the retail sector was looking like it could be one of the worst performers of 2016. However, a range of positive Q2 reports and impressive company strategies have helped the sector recover. The Regional Department Stores business falls into the Top 8% of the Zacks Industry Rank right now, and the Apparel and Shoes category falls into the Top 33%.
These two categories are seeing strong Zacks Ranks because they are comprised of companies that have cashed in on the latest trends in fashion and shopper behavior. Even in the Supermarket industry, which falls in the Bottom 7% of the Zacks Industry Rank, some positive signs were shown by companies that have invested in what customers want, such as Walmart's e-commerce initiatives.
Right now, it looks like shoppers have money to spend at businesses that offer the latest, "coolest" options both in-store and online.
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FOOT LOCKER INC (FL): Free Stock Analysis Report
URBAN OUTFITTER (URBN): Free Stock Analysis Report
WAL-MART STORES (WMT): Free Stock Analysis Report
MACYS INC (M): Free Stock Analysis Report
DILLARDS INC-A (DDS): Free Stock Analysis Report
PENNEY (JC) INC (JCP): Free Stock Analysis Report
KOHLS CORP (KSS): Free Stock Analysis Report
TILLYS INC (TLYS): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
While some companies failed to keep up, department stores like Macy's M , JCPenney JCP , Dillard's DDS , and Kohl's KSS , as well as specialty retailers like Foot Locker FL , Urban Outfitters URBN , and Tilly's TLYS posted encouraging results by cashing in on the latest shopping trends. Click to get this free report FOOT LOCKER INC (FL): Free Stock Analysis Report URBAN OUTFITTER (URBN): Free Stock Analysis Report WAL-MART STORES (WMT): Free Stock Analysis Report MACYS INC (M): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report KOHLS CORP (KSS): Free Stock Analysis Report TILLYS INC (TLYS): Free Stock Analysis Report To read this article on Zacks.com click here. "For the past few years, we have worked to lift our brands through merchandise leadership and innovation, strengthen our customer focus and invest in technology," said American Eagle CEO Jay Schottenstein after his company posted earnings and revenue which both beat the respective Zacks Consensus Estimate.
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While some companies failed to keep up, department stores like Macy's M , JCPenney JCP , Dillard's DDS , and Kohl's KSS , as well as specialty retailers like Foot Locker FL , Urban Outfitters URBN , and Tilly's TLYS posted encouraging results by cashing in on the latest shopping trends. Click to get this free report FOOT LOCKER INC (FL): Free Stock Analysis Report URBAN OUTFITTER (URBN): Free Stock Analysis Report WAL-MART STORES (WMT): Free Stock Analysis Report MACYS INC (M): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report KOHLS CORP (KSS): Free Stock Analysis Report TILLYS INC (TLYS): Free Stock Analysis Report To read this article on Zacks.com click here. This staple of American shopping malls posted earnings of 54 cents per share, beating the Zacks Consensus Estimate of 40 cents per share.
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While some companies failed to keep up, department stores like Macy's M , JCPenney JCP , Dillard's DDS , and Kohl's KSS , as well as specialty retailers like Foot Locker FL , Urban Outfitters URBN , and Tilly's TLYS posted encouraging results by cashing in on the latest shopping trends. Click to get this free report FOOT LOCKER INC (FL): Free Stock Analysis Report URBAN OUTFITTER (URBN): Free Stock Analysis Report WAL-MART STORES (WMT): Free Stock Analysis Report MACYS INC (M): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report KOHLS CORP (KSS): Free Stock Analysis Report TILLYS INC (TLYS): Free Stock Analysis Report To read this article on Zacks.com click here. "For the past few years, we have worked to lift our brands through merchandise leadership and innovation, strengthen our customer focus and invest in technology," said American Eagle CEO Jay Schottenstein after his company posted earnings and revenue which both beat the respective Zacks Consensus Estimate.
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Click to get this free report FOOT LOCKER INC (FL): Free Stock Analysis Report URBAN OUTFITTER (URBN): Free Stock Analysis Report WAL-MART STORES (WMT): Free Stock Analysis Report MACYS INC (M): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report KOHLS CORP (KSS): Free Stock Analysis Report TILLYS INC (TLYS): Free Stock Analysis Report To read this article on Zacks.com click here. While some companies failed to keep up, department stores like Macy's M , JCPenney JCP , Dillard's DDS , and Kohl's KSS , as well as specialty retailers like Foot Locker FL , Urban Outfitters URBN , and Tilly's TLYS posted encouraging results by cashing in on the latest shopping trends. The retail companies that have performed well this earnings season were able to hone in on one, if not both, of these areas this quarter.
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9ba23730-24c7-4547-a3b8-5436e6000bde
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719903.0
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2016-08-12 00:00:00 UTC
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Dillard's (DDS) Stock Declines despite Q2 Earnings Beat
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DDS
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https://www.nasdaq.com/articles/dillards-dds-stock-declines-despite-q2-earnings-beat-2016-08-12
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nan
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nan
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Dillard's Inc.DDS reported second-quarter fiscal 2016, wherein top and bottom lines surpassed estimates. However, the company posted revenue and earnings decline compared to the prior year mainly due to the persistent challenging trends in the apparel retail segment. In response, shares of this department store chain were down nearly 3% in yesterday's after-hours session.
Though the company recorded earnings of 35 cents per share, a penny ahead of the Zacks Consensus Estimate of 34 cents, earnings plunged 53.3% from 75 cents in the year-ago quarter. Earnings lagged primarily due to soft sales stemming from weak traffic trends that are attributed to consumers drifting more to online shopping, as well as gross margin contraction.
Dillard's Inc. (DDS) Street Actual & Estimate EPS - Last 5 Quarters | FindTheCompany
Dillard's total revenue (including service charges and other income) of $1,488.7 million slipped 4% from the year-ago quarter but was ahead of the Zacks Consensus Estimate of $1,454 million.
Dillard's net sales (including CDI Contractors LLC or CDI) declined 4.1% year over year to $1,452.4 million in the reported quarter. Merchandise sales, excluding CDI, also fell 4.4% to roughly $1,403 million. Merchandise comparable-store sales for the 13-week period ended Jul 30, 2016 were down 5% from the comparable period ended Aug 1, 2015.
During the reported quarter, sales at all of the company's categories decreased. While women's apparel, men's apparel and accessories were among the stronger categories, home and furniture were considerably weak. The best performing region was Eastern, trailed by the Western and Central areas, respectively.
Consolidated gross margin contracted 99 basis points (bps), while gross margin from retail operations (excluding CDI) contracted 92 bps. Inventory, rose 1.5% year over year to $1,499.3 million.
Dillard's selling, general and administrative (SG&A) expenses (as a percentage of sales) escalated 50 bps to 27.2%. In dollar terms, however, consolidated SG&A expenses declined 2.3% to $395 million. Operating expense (as a percentage of sales) for retail operations expanded 60 bps to 28.1% mainly due to lack of leverage, while in dollar terms it went down 2.3% to $393.8 million. Lower expenses were backed by a fall in advertising, services purchased, supplies and payroll expenses, offset by higher insurance expense.
Financial Details
Dillard's ended the quarter with cash and cash equivalents of $128.3 million, long-term debt and capital leases standing (excluding current portions) at $617.7 million, and total shareholders' equity of $1,768.7 million.
During the first half of fiscal 2016, the company generated net cash flow from operations of $86.7 million. It bought back 0.9 million shares for $54.1 million in the fiscal second quarter, repurchasing a total of 1.6 million shares worth $112.5 million year-to-date. With this, the company has authorization worth $387.5 million remaining under its $500 million share repurchase plan announced in Feb 2016.
Store Update
During the quarter, the company shut down 2 clearance centers in at South Towne Center in Sandy, Utah and Plaza Central, formerly Six Flags Mall, in Arlington, TX.
As of Jul 30, 2016, Dillard's had about 272 namesake outlets and 22 clearance centers operating in 29 states, as well as an online store at www.dillards.com. Dillard's total square footage, as of the end of the fiscal second quarter, was 49.6 million.
Fiscal 2016 Outlook
For fiscal 2016, Dillard's expects rentals of approximately $27 million, while net interest and debt expenses are anticipated to be nearly $61 million, both flat with the fiscal 2015 levels.
The company projects capital expenditures of about $120 million for fiscal 2016 compared with $166 million in fiscal 2015. Depreciation and amortization expenses for fiscal 2016 are expected at $245 million compared with $250 million in the prior year.
DILLARDS INC-A Price, Consensus and EPS Surprise
DILLARDS INC-A Price, Consensus and EPS Surprise | DILLARDS INC-A Quote
Zacks Rank
Currently, Dillard's carries a Zacks Rank #2 (Buy). Other favorably ranked stocks in the retail sector include American Eagle Outfitters Inc. AEO , DSW Inc. DSW and Nordstrom Inc. JWN , each with a Zacks Rank #2.
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AMER EAGLE OUTF (AEO): Free Stock Analysis Report
NORDSTROM INC (JWN): Free Stock Analysis Report
DSW INC CL-A (DSW): Free Stock Analysis Report
DILLARDS INC-A (DDS): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Dillard's Inc. (DDS) Street Actual & Estimate EPS - Last 5 Quarters | FindTheCompany Dillard's total revenue (including service charges and other income) of $1,488.7 million slipped 4% from the year-ago quarter but was ahead of the Zacks Consensus Estimate of $1,454 million. Dillard's Inc.DDS reported second-quarter fiscal 2016, wherein top and bottom lines surpassed estimates. Click to get this free report AMER EAGLE OUTF (AEO): Free Stock Analysis Report NORDSTROM INC (JWN): Free Stock Analysis Report DSW INC CL-A (DSW): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report To read this article on Zacks.com click here.
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Click to get this free report AMER EAGLE OUTF (AEO): Free Stock Analysis Report NORDSTROM INC (JWN): Free Stock Analysis Report DSW INC CL-A (DSW): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's Inc.DDS reported second-quarter fiscal 2016, wherein top and bottom lines surpassed estimates. Dillard's Inc. (DDS) Street Actual & Estimate EPS - Last 5 Quarters | FindTheCompany Dillard's total revenue (including service charges and other income) of $1,488.7 million slipped 4% from the year-ago quarter but was ahead of the Zacks Consensus Estimate of $1,454 million.
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Dillard's Inc. (DDS) Street Actual & Estimate EPS - Last 5 Quarters | FindTheCompany Dillard's total revenue (including service charges and other income) of $1,488.7 million slipped 4% from the year-ago quarter but was ahead of the Zacks Consensus Estimate of $1,454 million. Click to get this free report AMER EAGLE OUTF (AEO): Free Stock Analysis Report NORDSTROM INC (JWN): Free Stock Analysis Report DSW INC CL-A (DSW): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's Inc.DDS reported second-quarter fiscal 2016, wherein top and bottom lines surpassed estimates.
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Click to get this free report AMER EAGLE OUTF (AEO): Free Stock Analysis Report NORDSTROM INC (JWN): Free Stock Analysis Report DSW INC CL-A (DSW): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's Inc.DDS reported second-quarter fiscal 2016, wherein top and bottom lines surpassed estimates. Dillard's Inc. (DDS) Street Actual & Estimate EPS - Last 5 Quarters | FindTheCompany Dillard's total revenue (including service charges and other income) of $1,488.7 million slipped 4% from the year-ago quarter but was ahead of the Zacks Consensus Estimate of $1,454 million.
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691eac63-7d90-420b-bc48-3db1c633b5a0
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719904.0
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2016-08-12 00:00:00 UTC
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J. C. Penney (JCP) Q2 Loss Lower than Expected, Sales Lag
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DDS
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https://www.nasdaq.com/articles/j.-c.-penney-jcp-q2-loss-lower-than-expected-sales-lag-2016-08-12
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nan
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nan
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J. C. Penney Company Inc.JCP reported adjusted loss per share of 5 cents in the second quarter of fiscal 2016, narrower than the Zacks Consensus Estimate of loss of 15 cents. In the year-ago quarter, the company's adjusted loss was 40 cents a share. Including one-time items, J. C. Penney reported quarterly loss of 18 cents a share, lower than a loss of 38 cents in the year-ago quarter.
The company's total net sales of $2,918 million missed the Zacks Consensus Estimate of $2,933 million but increased 1.5% year over year, after witnessing a decline of 1.6% in the preceding quarter. Comparable-store sales (comps) jumped 2.2% from the year-ago quarter, after decreasing 0.4% in the preceding quarter.
Sturdy performance was witnessed across Sephora, Home, and Footwear and Handbags divisions. Management remains optimistic about its roll out of appliances, new Sephora locations, center core refreshes, in-store .com fulfillment and buy online, pick up in store same day initiative.
Gross profit in the quarter climbed 1.8% to $1,084 million, while gross margin expanded 10 basis points (bps) to 37.1%. J. C. Penney's adjusted EBITDA improved to $233 million from $138 million in the prior-year quarter, whereas adjusted EBITDA margin increased 320 bps to 8%.
PENNEY (JC) INC Price, Consensus and EPS Surprise
PENNEY (JC) INC Price, Consensus and EPS Surprise | PENNEY (JC) INC Quote
Financial Details
J. C. Penney ended the quarter with cash and cash equivalents of $429 million, long-term debt of $4,356 million and shareholders' equity of $1,197 million. Merchandise inventory levels decreased 0.8% to $2,981 million.
Moreover, the company generated free cash flow of $69 million in the reported quarter compared with negative free cash flow of $53 million in the prior-year quarter. Also, the company incurred capital expenditures of $121 million in the quarter.
Guidance
For fiscal 2016, management continues to expect comps growth of 3-4%. The company expects gross margin to increase in the range of 10-30 bps. Adjusted earnings per share are likely to be positive in fiscal 2016. EBITDA is expected at around $1 billion.
Zacks Rank
At present, J. C. Penney carries a Zacks Rank #3 (Hold). Better-ranked stocks in the retail sector include American Eagle Outfitters, Inc. AEO , Dillard's Inc. DDS and The Children's Place, Inc. PLCE all carrying a Zacks Rank #2 (Buy).
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AMER EAGLE OUTF (AEO): Free Stock Analysis Report
CHILDRENS PLACE (PLCE): Free Stock Analysis Report
DILLARDS INC-A (DDS): Free Stock Analysis Report
PENNEY (JC) INC (JCP): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Better-ranked stocks in the retail sector include American Eagle Outfitters, Inc. AEO , Dillard's Inc. DDS and The Children's Place, Inc. PLCE all carrying a Zacks Rank #2 (Buy). Click to get this free report AMER EAGLE OUTF (AEO): Free Stock Analysis Report CHILDRENS PLACE (PLCE): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report To read this article on Zacks.com click here. Management remains optimistic about its roll out of appliances, new Sephora locations, center core refreshes, in-store .com fulfillment and buy online, pick up in store same day initiative.
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Click to get this free report AMER EAGLE OUTF (AEO): Free Stock Analysis Report CHILDRENS PLACE (PLCE): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report To read this article on Zacks.com click here. Better-ranked stocks in the retail sector include American Eagle Outfitters, Inc. AEO , Dillard's Inc. DDS and The Children's Place, Inc. PLCE all carrying a Zacks Rank #2 (Buy). J. C. Penney's adjusted EBITDA improved to $233 million from $138 million in the prior-year quarter, whereas adjusted EBITDA margin increased 320 bps to 8%.
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Click to get this free report AMER EAGLE OUTF (AEO): Free Stock Analysis Report CHILDRENS PLACE (PLCE): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report To read this article on Zacks.com click here. Better-ranked stocks in the retail sector include American Eagle Outfitters, Inc. AEO , Dillard's Inc. DDS and The Children's Place, Inc. PLCE all carrying a Zacks Rank #2 (Buy). PENNEY (JC) INC Price, Consensus and EPS Surprise PENNEY (JC) INC Price, Consensus and EPS Surprise | PENNEY (JC) INC Quote Financial Details J. C. Penney ended the quarter with cash and cash equivalents of $429 million, long-term debt of $4,356 million and shareholders' equity of $1,197 million.
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Better-ranked stocks in the retail sector include American Eagle Outfitters, Inc. AEO , Dillard's Inc. DDS and The Children's Place, Inc. PLCE all carrying a Zacks Rank #2 (Buy). Click to get this free report AMER EAGLE OUTF (AEO): Free Stock Analysis Report CHILDRENS PLACE (PLCE): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report To read this article on Zacks.com click here. Comparable-store sales (comps) jumped 2.2% from the year-ago quarter, after decreasing 0.4% in the preceding quarter.
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c354ba02-8aaf-4976-ba45-d7a5389c168f
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719905.0
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2016-08-12 00:00:00 UTC
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Retail Sales, PPI Weaker than Expected
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DDS
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https://www.nasdaq.com/articles/retail-sales-ppi-weaker-expected-2016-08-12
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nan
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nan
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Friday, August 12, 2016
To begin the last day of the trading week - following an exemplary day in the markets Thursday, where the Dow, Nasdaq and S&P 500 all hit new highs - we see new data on Retail Sales and the Producer Price Index (PPI). Unfortunately, these numbers do not look overly encouraging.
Retail Sales for July were unchanged, following a revised June read of +0.8%. Stripping out auto sales, this figure drops to -0.3%; in June this was +0.9%. Vehicle and furniture sales were up, whereas grocery stores and gas stations were down. July's PPI went to -0.4% after a June read of +0.5%. Core PPI - ex-food and energy costs - was -0.3%, and this was +0.4% in June.
Basically, these numbers are weaker than expected, and point to less upward inflation pressure than anticipated. Faltering oil prices in the month may have played a part, and we know how energy costs affect just about every other industry, but ultimately these are modestly disappointing reads.
Futures on the major indexes that posted such strong numbers are down slightly in today's pre-market. WTI and Brent oil price indexes are down a bit as well following a stronger Thursday.
As Q2 earnings season continues to wind down, JCPenney JCP beat bottom-line estimates but still reported a loss of 5 cents per share on revenues slightly below expectations. Nordstrom JWN beats on both top and bottom lines this morning and the stock is up 9%, as did Planet Fitness PLNT , but Dillard's DDS reported same-store sales below estimates, and its stock is down 5% ahead of the bell.
Mark Vickery
Senior Editor
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NORDSTROM INC (JWN): Free Stock Analysis Report
DILLARDS INC-A (DDS): Free Stock Analysis Report
PENNEY (JC) INC (JCP): Free Stock Analysis Report
PLANET FITNESS (PLNT): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Nordstrom JWN beats on both top and bottom lines this morning and the stock is up 9%, as did Planet Fitness PLNT , but Dillard's DDS reported same-store sales below estimates, and its stock is down 5% ahead of the bell. Click to get this free report NORDSTROM INC (JWN): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report PLANET FITNESS (PLNT): Free Stock Analysis Report To read this article on Zacks.com click here. Faltering oil prices in the month may have played a part, and we know how energy costs affect just about every other industry, but ultimately these are modestly disappointing reads.
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Nordstrom JWN beats on both top and bottom lines this morning and the stock is up 9%, as did Planet Fitness PLNT , but Dillard's DDS reported same-store sales below estimates, and its stock is down 5% ahead of the bell. Click to get this free report NORDSTROM INC (JWN): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report PLANET FITNESS (PLNT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research?
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Nordstrom JWN beats on both top and bottom lines this morning and the stock is up 9%, as did Planet Fitness PLNT , but Dillard's DDS reported same-store sales below estimates, and its stock is down 5% ahead of the bell. Click to get this free report NORDSTROM INC (JWN): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report PLANET FITNESS (PLNT): Free Stock Analysis Report To read this article on Zacks.com click here. Friday, August 12, 2016 To begin the last day of the trading week - following an exemplary day in the markets Thursday, where the Dow, Nasdaq and S&P 500 all hit new highs - we see new data on Retail Sales and the Producer Price Index (PPI).
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Nordstrom JWN beats on both top and bottom lines this morning and the stock is up 9%, as did Planet Fitness PLNT , but Dillard's DDS reported same-store sales below estimates, and its stock is down 5% ahead of the bell. Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NORDSTROM INC (JWN): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report PLANET FITNESS (PLNT): Free Stock Analysis Report To read this article on Zacks.com click here.
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d9b5f124-a5db-4cc9-9131-b52a1660adbd
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719906.0
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2016-08-11 00:00:00 UTC
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Kohl's (KSS) Q2 Earnings Beat; Outlook Cut on Weak Comps
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DDS
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https://www.nasdaq.com/articles/kohls-kss-q2-earnings-beat-outlook-cut-on-weak-comps-2016-08-11
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nan
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nan
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Retailer Kohl's CorporationKSS delivered better-than-expected second quarter of fiscal 2016 results, where both earnings and revenues exceeded the consensus mark.
Kohl's reported earnings of $1.22 per share, beating the Zacks Consensus Estimate of $1.04 by 17.3%. Earnings also increased 14% from the prior-year quarter driven by higher gross margin and better expense management. The performance of juniors and young men's categories were also encouraging.
Sales and Margins
Net sales of $4.182 billion beat the Zacks Consensus Estimate of $4.158 billion by a marginal 0.6%. Sales however declined 2% from the prior-year quarter due to a challenging sales environment.
Comps declined 1.8% in the second quarter, narrower than the preceding quarter's decline of 3.9%. Comps had increased 0.1% in the prior year period. This signals that the company's strategic initiative 'Greatness Agenda' is failing to deliver results. The initiative, which began in the first quarter of 2014, was designed to increase transactions per store and sales. Though the plan has helped the company to deliver positive comps in all the four quarters of fiscal 2015, the quarterly growth rates moderated gradually, thus posing a concern. Moreover, comps declined in the first two quarters of fiscal 2016.
We note that Kohl's is struggling since the past many quarters to boost its sluggish top line. Lower spending on apparel and accessories and a general slowdown in consumer spending are hurting sales at department stores.
Kohl's Corporation remains cautious about its fiscal 2016 results and plans to close 18 stores, due to retail uncertainty as well as careful spending by US consumers.
Gross margin expanded 59 basis points (bps) to 39.5%. This was driven by the company's inventory management initiatives, which have helped it to achieve a strong increase in gross margin with ending inventory per store down significantly from last year. Operating margin also plunged 220 bps to 7.2%.
KOHLS CORP Price and Consensus
KOHLS CORP Price and Consensus | KOHLS CORP Quote
Other Financial Details
As of Jul 30, 2016, Kohl's held $700 million of cash and cash equivalents compared with $423 million as of Apr 30, 2016. The company ended the quarter with long-term debt of $2.79 billion, flat sequentially.
On Aug 9, 2016, Kohl's board declared a quarterly cash dividend of 50 cents per share, which will be paid on Sep 21, 2016 to shareholders of record at the close of business on Sep 7, 2016.
Kohl's ended the quarter with 1,150 Kohl's stores, 12 FILA Outlet stores, and three Off/Aisle clearance centers in 49 states, compared with 1,164 Kohl's stores at the same time last year.
Outlook Slashed
The company has slashed its earnings guidance due to sluggish comps and a difficult sales scenario. The company now expects its adjusted fiscal 2016 earnings in the range of $3.80 to $4.00, compared with the prior guidance of $4.05 to $4.25.
During the fourth quarter 2015 conference call, Kohl's had stated that it will also close 18 underperforming stores in fiscal 2016, which are expected to generate annual SG&A savings of approximately $45 million and annual depreciation savings of approximately $10 million.
It expects sales in a range of (0.5%) to 0.5%, driven by comparable sales of 0% to 1.0%.
The company plans to repurchase shares worth $600 million at an average price of $50 per share.
Kohl's has a Zacks Rank #4 (Sell).
Better-ranked companies in the broader retail sector include Dillard's Inc. DDS , Wal-Mart Stores, Inc. WMT and Dollar Tree, Inc. DLTR . All of these hold a Zacks Rank #2 (Buy).
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WAL-MART STORES (WMT): Free Stock Analysis Report
DOLLAR TREE INC (DLTR): Free Stock Analysis Report
DILLARDS INC-A (DDS): Free Stock Analysis Report
KOHLS CORP (KSS): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Better-ranked companies in the broader retail sector include Dillard's Inc. DDS , Wal-Mart Stores, Inc. WMT and Dollar Tree, Inc. DLTR . Click to get this free report WAL-MART STORES (WMT): Free Stock Analysis Report DOLLAR TREE INC (DLTR): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report KOHLS CORP (KSS): Free Stock Analysis Report To read this article on Zacks.com click here. Retailer Kohl's CorporationKSS delivered better-than-expected second quarter of fiscal 2016 results, where both earnings and revenues exceeded the consensus mark.
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Better-ranked companies in the broader retail sector include Dillard's Inc. DDS , Wal-Mart Stores, Inc. WMT and Dollar Tree, Inc. DLTR . Click to get this free report WAL-MART STORES (WMT): Free Stock Analysis Report DOLLAR TREE INC (DLTR): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report KOHLS CORP (KSS): Free Stock Analysis Report To read this article on Zacks.com click here. KOHLS CORP Price and Consensus KOHLS CORP Price and Consensus | KOHLS CORP Quote Other Financial Details As of Jul 30, 2016, Kohl's held $700 million of cash and cash equivalents compared with $423 million as of Apr 30, 2016.
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Click to get this free report WAL-MART STORES (WMT): Free Stock Analysis Report DOLLAR TREE INC (DLTR): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report KOHLS CORP (KSS): Free Stock Analysis Report To read this article on Zacks.com click here. Better-ranked companies in the broader retail sector include Dillard's Inc. DDS , Wal-Mart Stores, Inc. WMT and Dollar Tree, Inc. DLTR . KOHLS CORP Price and Consensus KOHLS CORP Price and Consensus | KOHLS CORP Quote Other Financial Details As of Jul 30, 2016, Kohl's held $700 million of cash and cash equivalents compared with $423 million as of Apr 30, 2016.
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Better-ranked companies in the broader retail sector include Dillard's Inc. DDS , Wal-Mart Stores, Inc. WMT and Dollar Tree, Inc. DLTR . Click to get this free report WAL-MART STORES (WMT): Free Stock Analysis Report DOLLAR TREE INC (DLTR): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report KOHLS CORP (KSS): Free Stock Analysis Report To read this article on Zacks.com click here. Retailer Kohl's CorporationKSS delivered better-than-expected second quarter of fiscal 2016 results, where both earnings and revenues exceeded the consensus mark.
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b1a8397f-2267-424b-b112-75be6b802c2a
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719907.0
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2016-08-10 00:00:00 UTC
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Department Store Stocks' Q2 Earnings on Aug 11: M, KSS, DDS
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DDS
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https://www.nasdaq.com/articles/department-store-stocks-q2-earnings-on-aug-11%3A-m-kss-dds-2016-08-10
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nan
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nan
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The Q2 earnings season is gradually nearing its end, with more than 87% of the S&P 500 companies having already announced their results. Per the latest Zacks Earnings Trends report as of Aug 5, out of the 433 S&P 500 members that have come up with their quarterly numbers, approximately 70.7% have posted positive earnings surprises, while 52.7% beat top-line expectations.
According to the report, earnings for the 433 S&P 500 companies that have reported so far are down 4.1% from the same period last year, while revenues have dropped 0.9%. Although the bulk of earnings releases have already come from different sectors, most retailers are yet to post their financial results. Hence, investors are keeping their fingers crossed over the outcome.
The report further highlights that total earnings for the Retail/Wholesale sector are expected to increase 2.1%, while revenues are anticipated to jump 4.8%. As of Aug 5, 50% of the total number of S&P 500 companies in this sector had reported their results, wherein 45.5% delivered an earnings beat and about 18.2% cruised ahead of revenue estimates. While earnings grew 8.1% year over year, revenues improved 8.7%.
Let us focus on Department Store stocks, which form part of the Retail/Wholesale sector. Among Department Store stocks lined up to report, here's a sneak peek at three companies.
Macy's, Inc.M , one of the leading department store retailers, is slated to report second-quarter fiscal 2016 results on Aug 11. We believe Macy's sustained focus on price optimization, inventory management, merchandise planning and private label offering acts as the primary catalyst. In an attempt to augment sales, profitability and cash flows, the company has been taking steps such as integration of operations as well as developing its eCommerce business and Macy's Backstage off-price business, along with the expansion of Bluemercury and online order fulfillment centers. However, Macy's operates in the highly competitive retail merchandise sector. A mature domestic market, lower tourist spending and cautious consumer spending continue to pose concerns.
MACYS INC Price, Consensus and EPS Surprise
MACYS INC Price, Consensus and EPS Surprise | MACYS INC Quote
Our proven model shows that Macy's is likely to beat earnings estimates this quarter. A stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. The Most Accurate estimate stands at 50 cents and the Zacks Consensus Estimate is pegged at 40 cents. So the ensuing +25.00% ESP and the company's Zacks Rank #3 make us reasonably confident of an earnings beat. The company's past performance reveals that it surpassed the Zacks Consensus Estimate in the trailing four quarters by an average of 3.9%. (Read: Macy's Likely to Beat on Q2 Earnings: Stock to Gain? )
Kohl's CorporationKSS is set to report second-quarter fiscal 2016 results before the opening bell on Aug 11. The company has been struggling to boost its sluggish top line since the past several quarters. Lower spending on apparel and accessories, and a general slowdown in consumer spending are hurting sales at department stores. Also, the company's turnaround initiative named "Greatness Agenda" has been depicting weakness of late. (Read: Will Lower Spending Dampen Kohl's Earnings in Q2? )
KOHLS CORP Price, Consensus and EPS Surprise
KOHLS CORP Price, Consensus and EPS Surprise | KOHLS CORP Quote
Kohl's has an Earnings ESP of -1.92% and a Zacks Rank #4 (Sell). The Zacks Consensus Estimate for the quarter currently stands at $1.04. In the trailing four quarters, the company underperformed the Zacks Consensus Estimate by an average of 2.4%.
Dillard's Inc.DDS , a department store chain featuring fashion apparel and home furnishings, is expected to report second-quarter fiscal 2016 results on Aug 11. Dillard's focus on increasing productivity, developing a leading omni-channel platform and enhancing its domestic operations is expected to support future results. However, lower-than-expected bottom-line results for the past three straight quarters raise concerns. Moreover, stiff competition in the retail merchandise space may prove to be a hurdle. (Read: Dillard's to Report Q2 Earnings: What to Expect? )
DILLARDS INC-A Price, Consensus and EPS Surprise
DILLARDS INC-A Price, Consensus and EPS Surprise | DILLARDS INC-A Quote
The company has an Earnings ESP of 0.00% and a Zacks Rank #2. The Zacks Consensus Estimate for the quarter is currently pegged at 34 cents. In the trailing four quarters, the company underperformed the Zacks Consensus Estimate by an average of 8.8%.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
MACYS INC (M): Free Stock Analysis Report
DILLARDS INC-A (DDS): Free Stock Analysis Report
KOHLS CORP (KSS): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Dillard's Inc.DDS , a department store chain featuring fashion apparel and home furnishings, is expected to report second-quarter fiscal 2016 results on Aug 11. Click to get this free report MACYS INC (M): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report KOHLS CORP (KSS): Free Stock Analysis Report To read this article on Zacks.com click here. We believe Macy's sustained focus on price optimization, inventory management, merchandise planning and private label offering acts as the primary catalyst.
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Click to get this free report MACYS INC (M): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report KOHLS CORP (KSS): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's Inc.DDS , a department store chain featuring fashion apparel and home furnishings, is expected to report second-quarter fiscal 2016 results on Aug 11. KOHLS CORP Price, Consensus and EPS Surprise KOHLS CORP Price, Consensus and EPS Surprise | KOHLS CORP Quote Kohl's has an Earnings ESP of -1.92% and a Zacks Rank #4 (Sell).
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Click to get this free report MACYS INC (M): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report KOHLS CORP (KSS): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's Inc.DDS , a department store chain featuring fashion apparel and home furnishings, is expected to report second-quarter fiscal 2016 results on Aug 11. MACYS INC Price, Consensus and EPS Surprise MACYS INC Price, Consensus and EPS Surprise | MACYS INC Quote Our proven model shows that Macy's is likely to beat earnings estimates this quarter.
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Dillard's Inc.DDS , a department store chain featuring fashion apparel and home furnishings, is expected to report second-quarter fiscal 2016 results on Aug 11. Click to get this free report MACYS INC (M): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report KOHLS CORP (KSS): Free Stock Analysis Report To read this article on Zacks.com click here. Per the latest Zacks Earnings Trends report as of Aug 5, out of the 433 S&P 500 members that have come up with their quarterly numbers, approximately 70.7% have posted positive earnings surprises, while 52.7% beat top-line expectations.
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32f2ff3a-7bd0-4579-a899-3febb4535845
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719908.0
|
2016-07-14 00:00:00 UTC
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Dillard's (DDS) Strategies Bode Well: Buy the Stock Now
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DDS
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https://www.nasdaq.com/articles/dillards-dds-strategies-bode-well%3A-buy-the-stock-now-2016-07-14
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nan
|
nan
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With constant focus on increasing productivity, development of a leading omni-channel platform and enhancement of its domestic operations, Dillard's Inc.DDS remains confident of sustaining its growth momentum. Moreover, this Zacks Rank #2 (Buy) stock has surged nearly 13% in the past one month.
Dillard's continuous efforts to capitalize on growth opportunities in its brick-and-mortar stores and eCommerce business place it well. These are likely to help the company retain its existing customers and attract new ones as well. On the store front, Dillard's will gain by enhancing brand relations, focusing on in-trend categories, store remodels and rewarding store personnel.
As a leading player among fashion apparel, cosmetics and home furnishing retailers, Dillard's offers a broad array of merchandise in its stores, featuring products from both national and exclusive brands. Also, the company has created a niche for itself through stringent focus on offering fashionable products and adding value through exceptional customer care service. We believe this strategy will act as a catalyst for attracting more customers, leading to top- and bottom-line growth.
DILLARDS INC-A Price and Consensus
DILLARDS INC-A Price and Consensus | DILLARDS INC-A Quote
However, Dillard's commenced fiscal 2016 on a soft note, with lower-than-expected bottom-line results for the third straight time in the first quarter, while total revenue exceeded the Zacks Consensus Estimate. The company's outlook for fiscal 2016 indicates significant cost pressures, which might hurt its margins and bottom line.
Nevertheless, with share price surging, estimates going up ahead of the second-quarter earnings release and a VGM Score of "B", Dillard's remains a sound investment opportunity.
Stocks that Warrant a Look
Some other favorably ranked stocks in the retail sector include The Children's Place, Inc. PLCE , Carter's, Inc. CRI and Christopher & Banks Corporation CBK , all sporting a Zacks Rank #1 (Strong Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
CHILDRENS PLACE (PLCE): Free Stock Analysis Report
CARTERS INC (CRI): Free Stock Analysis Report
DILLARDS INC-A (DDS): Free Stock Analysis Report
CHRISTOPHER&BNK (CBK): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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With constant focus on increasing productivity, development of a leading omni-channel platform and enhancement of its domestic operations, Dillard's Inc.DDS remains confident of sustaining its growth momentum. Click to get this free report CHILDRENS PLACE (PLCE): Free Stock Analysis Report CARTERS INC (CRI): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report CHRISTOPHER&BNK (CBK): Free Stock Analysis Report To read this article on Zacks.com click here. As a leading player among fashion apparel, cosmetics and home furnishing retailers, Dillard's offers a broad array of merchandise in its stores, featuring products from both national and exclusive brands.
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Click to get this free report CHILDRENS PLACE (PLCE): Free Stock Analysis Report CARTERS INC (CRI): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report CHRISTOPHER&BNK (CBK): Free Stock Analysis Report To read this article on Zacks.com click here. With constant focus on increasing productivity, development of a leading omni-channel platform and enhancement of its domestic operations, Dillard's Inc.DDS remains confident of sustaining its growth momentum. DILLARDS INC-A Price and Consensus DILLARDS INC-A Price and Consensus | DILLARDS INC-A Quote However, Dillard's commenced fiscal 2016 on a soft note, with lower-than-expected bottom-line results for the third straight time in the first quarter, while total revenue exceeded the Zacks Consensus Estimate.
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Click to get this free report CHILDRENS PLACE (PLCE): Free Stock Analysis Report CARTERS INC (CRI): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report CHRISTOPHER&BNK (CBK): Free Stock Analysis Report To read this article on Zacks.com click here. With constant focus on increasing productivity, development of a leading omni-channel platform and enhancement of its domestic operations, Dillard's Inc.DDS remains confident of sustaining its growth momentum. DILLARDS INC-A Price and Consensus DILLARDS INC-A Price and Consensus | DILLARDS INC-A Quote However, Dillard's commenced fiscal 2016 on a soft note, with lower-than-expected bottom-line results for the third straight time in the first quarter, while total revenue exceeded the Zacks Consensus Estimate.
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With constant focus on increasing productivity, development of a leading omni-channel platform and enhancement of its domestic operations, Dillard's Inc.DDS remains confident of sustaining its growth momentum. Click to get this free report CHILDRENS PLACE (PLCE): Free Stock Analysis Report CARTERS INC (CRI): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report CHRISTOPHER&BNK (CBK): Free Stock Analysis Report To read this article on Zacks.com click here. These are likely to help the company retain its existing customers and attract new ones as well.
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9fc135f1-d23d-4fbe-afd4-c2fbe9bcbdc9
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719909.0
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2016-07-13 00:00:00 UTC
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Noteworthy Wednesday Option Activity: BBY, DDS, SPA
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DDS
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https://www.nasdaq.com/articles/noteworthy-wednesday-option-activity-bby-dds-spa-2016-07-13
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nan
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nan
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Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Best Buy Inc (Symbol: BBY), where a total of 19,384 contracts have traded so far, representing approximately 1.9 million underlying shares. That amounts to about 42.9% of BBY's average daily trading volume over the past month of 4.5 million shares. Particularly high volume was seen for the $31 strike put option expiring August 19, 2016 , with 6,656 contracts trading so far today, representing approximately 665,600 underlying shares of BBY. Below is a chart showing BBY's trailing twelve month trading history, with the $31 strike highlighted in orange:
Dillard's Inc. (Symbol: DDS) saw options trading volume of 2,038 contracts, representing approximately 203,800 underlying shares or approximately 42.8% of DDS's average daily trading volume over the past month, of 476,030 shares. Especially high volume was seen for the $65 strike call option expiring August 19, 2016 , with 2,002 contracts trading so far today, representing approximately 200,200 underlying shares of DDS. Below is a chart showing DDS's trailing twelve month trading history, with the $65 strike highlighted in orange:
And Sparton Corp. (Symbol: SPA) options are showing a volume of 321 contracts thus far today. That number of contracts represents approximately 32,100 underlying shares, working out to a sizeable 42.7% of SPA's average daily trading volume over the past month, of 75,115 shares. Especially high volume was seen for the $22.50 strike call option expiring September 16, 2016 , with 279 contracts trading so far today, representing approximately 27,900 underlying shares of SPA. Below is a chart showing SPA's trailing twelve month trading history, with the $22.50 strike highlighted in orange:
For the various different available expirations for BBY options , DDS options , or SPA options , visit StockOptionsChannel.com.
Today's Most Active Call & Put Options of the S&P 500 »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Especially high volume was seen for the $65 strike call option expiring August 19, 2016 , with 2,002 contracts trading so far today, representing approximately 200,200 underlying shares of DDS. Below is a chart showing BBY's trailing twelve month trading history, with the $31 strike highlighted in orange: Dillard's Inc. (Symbol: DDS) saw options trading volume of 2,038 contracts, representing approximately 203,800 underlying shares or approximately 42.8% of DDS's average daily trading volume over the past month, of 476,030 shares. Below is a chart showing DDS's trailing twelve month trading history, with the $65 strike highlighted in orange: And Sparton Corp. (Symbol: SPA) options are showing a volume of 321 contracts thus far today.
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Below is a chart showing BBY's trailing twelve month trading history, with the $31 strike highlighted in orange: Dillard's Inc. (Symbol: DDS) saw options trading volume of 2,038 contracts, representing approximately 203,800 underlying shares or approximately 42.8% of DDS's average daily trading volume over the past month, of 476,030 shares. Below is a chart showing DDS's trailing twelve month trading history, with the $65 strike highlighted in orange: And Sparton Corp. (Symbol: SPA) options are showing a volume of 321 contracts thus far today. Especially high volume was seen for the $65 strike call option expiring August 19, 2016 , with 2,002 contracts trading so far today, representing approximately 200,200 underlying shares of DDS.
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Below is a chart showing BBY's trailing twelve month trading history, with the $31 strike highlighted in orange: Dillard's Inc. (Symbol: DDS) saw options trading volume of 2,038 contracts, representing approximately 203,800 underlying shares or approximately 42.8% of DDS's average daily trading volume over the past month, of 476,030 shares. Especially high volume was seen for the $65 strike call option expiring August 19, 2016 , with 2,002 contracts trading so far today, representing approximately 200,200 underlying shares of DDS. Below is a chart showing DDS's trailing twelve month trading history, with the $65 strike highlighted in orange: And Sparton Corp. (Symbol: SPA) options are showing a volume of 321 contracts thus far today.
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Below is a chart showing BBY's trailing twelve month trading history, with the $31 strike highlighted in orange: Dillard's Inc. (Symbol: DDS) saw options trading volume of 2,038 contracts, representing approximately 203,800 underlying shares or approximately 42.8% of DDS's average daily trading volume over the past month, of 476,030 shares. Especially high volume was seen for the $65 strike call option expiring August 19, 2016 , with 2,002 contracts trading so far today, representing approximately 200,200 underlying shares of DDS. Below is a chart showing DDS's trailing twelve month trading history, with the $65 strike highlighted in orange: And Sparton Corp. (Symbol: SPA) options are showing a volume of 321 contracts thus far today.
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d2421203-e95f-4de4-8d49-c5e28283c9c2
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719910.0
|
2016-06-14 00:00:00 UTC
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Oversold Conditions For Dillard's (DDS)
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DDS
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https://www.nasdaq.com/articles/oversold-conditions-dillards-dds-2016-06-14
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nan
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nan
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Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.
In trading on Tuesday, shares of Dillard's Inc. (Symbol: DDS) entered into oversold territory, hitting an RSI reading of 29.8, after changing hands as low as $56.46 per share. By comparison, the current RSI reading of the S&P 500 ETF ( SPY ) is 43.4. A bullish investor could look at DDS's 29.8 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of DDS shares:
Looking at the chart above, DDS's low point in its 52 week range is $54.37 per share, with $110.79 as the 52 week high point - that compares with a last trade of $56.61.
Find out what 9 other oversold stocks you need to know about »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In trading on Tuesday, shares of Dillard's Inc. (Symbol: DDS) entered into oversold territory, hitting an RSI reading of 29.8, after changing hands as low as $56.46 per share. A bullish investor could look at DDS's 29.8 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of DDS shares: Looking at the chart above, DDS's low point in its 52 week range is $54.37 per share, with $110.79 as the 52 week high point - that compares with a last trade of $56.61.
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The chart below shows the one year performance of DDS shares: Looking at the chart above, DDS's low point in its 52 week range is $54.37 per share, with $110.79 as the 52 week high point - that compares with a last trade of $56.61. In trading on Tuesday, shares of Dillard's Inc. (Symbol: DDS) entered into oversold territory, hitting an RSI reading of 29.8, after changing hands as low as $56.46 per share. A bullish investor could look at DDS's 29.8 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.
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In trading on Tuesday, shares of Dillard's Inc. (Symbol: DDS) entered into oversold territory, hitting an RSI reading of 29.8, after changing hands as low as $56.46 per share. The chart below shows the one year performance of DDS shares: Looking at the chart above, DDS's low point in its 52 week range is $54.37 per share, with $110.79 as the 52 week high point - that compares with a last trade of $56.61. A bullish investor could look at DDS's 29.8 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.
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In trading on Tuesday, shares of Dillard's Inc. (Symbol: DDS) entered into oversold territory, hitting an RSI reading of 29.8, after changing hands as low as $56.46 per share. A bullish investor could look at DDS's 29.8 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of DDS shares: Looking at the chart above, DDS's low point in its 52 week range is $54.37 per share, with $110.79 as the 52 week high point - that compares with a last trade of $56.61.
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2508704f-cbd9-424a-a2f9-128c61f534e8
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719911.0
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2016-06-14 00:00:00 UTC
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Macy's: A Real Estate Company Masquerading as a Retailer
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DDS
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https://www.nasdaq.com/articles/macys-real-estate-company-masquerading-retailer-2016-06-14
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nan
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nan
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Over the past year and a half, Macy's (NYSE: M) financial performance has been sobering, to say the least. Like fellow department store companies Kohl's (NYSE: KSS) and Dillard's (NYSE: DDS) , Macy's has reported a double-digit drop in earnings per share since the beginning of 2015. Macy's revenue has declined by more than 5% in that time span, which was worse than either Kohl's or Dillard's.
Macy's, Kohl's, and Dillard's Performance Metrics, 2015-present. Data by YCharts /
Due to this rapid reversal in EPS, shares of all three companies have plummeted by 40% to 50% since the beginning of 2015. However, in the case of Macy's, this huge stock decline looks like an overreaction. That's because Macy's owns a large portfolio of real estate, which now accounts for the vast majority of its value.
A retail turnaround could be tough to execute
Not surprisingly, executives at Macy's, Kohl's, and Dillard's are promising to get earnings back on track in the next couple of years. Despite its falling margins, Macy's has repeatedly affirmed that it will eventually return to its target EBITDA (earnings before interest, taxes, depreciation, and amortization) margin of 14%.
Unfortunately, it's not clear that retailers will ever be able to sustain the margins they earned in the past. Amazon.com is making a big push into the fashion market, with considerable success. This development will pressure department stores' profitability for the foreseeable future.
That's not to say that department stores with solid franchises like Macy's, Kohl's, and Dillard's are doomed. Nevertheless, given Jeff Bezos' "your margin is my opportunity" philosophy, they will probably need to accept lower margins to avoid massive market-share losses.
There's more to the story than retail
Thus, just based on Macy's recent financial results and the future prospects for its retail business, the company's stock price decline seems well deserved. However, analysts who examine only Macy's current sales and profitability trends are overlooking the company's key source of value: its real estate.
Hedge fund Starboard Value published an analysis earlier this year valuing Macy's real estate at nearly $21 billion. That's 20% above Macy's current enterprise value (the total value of its stock and outstanding debt).
Real estate valuation is a somewhat subjective process. The value of Macy's mall-based stores in particular could be impacted by the ongoing shift of retail sales to the Internet. Still, about 35% of the estimated real estate value comes from stores in A, A+, and A++ rated malls -- the top-performing malls in the country.
Moreover, another 35% of the estimated real estate value comes from eight "downtown" stores, mainly in major cities like New York, Chicago, Minneapolis, and San Francisco. Much of this real estate could be more valuable if it is repurposed for office or residential use. That means a retail downturn wouldn't hurt its value.
Macy's Manhattan flagship store could be worth $4 billion. Image source: The Motley Fool.
Other department stores like Kohl's and Dillard's have much less valuable real estate than Macy's. That means they must revitalize their underlying retail businesses to create value for their shareholders.
Macy's is taking action
Of course, Macy's valuable real estate might not be worth much to shareholders if the company's management were adamantly opposed to monetizing it.
Yet that's not the case. Macy's has shown in the past year or so that it is determined to extract value from its real estate -- it's just going to take time, due to the complexity of most real estate deals.
In April, Macy's hired real estate industry veteran Douglas Sesler to fill a new role as its executive VP for real estate. Furthermore, Macy's has announced a handful of real estate deals in the past couple of years. It closed stores in Cupertino, California, and Pittsburgh and sold them to third parties. Meanwhile, it sold the underutilized upper floors of two downtown stores in Brooklyn and Seattle.
Just last week, Macy's sold a downtown location in Spokane, Washington, just a few months after closing that store. This was a relatively small transaction -- the Spokane building's assessed value is $6.8 million -- which may have helped Macy's close the sale quickly. Still, it provides another example of Macy's increased focus on monetizing its real estate.
Value will shine through soon
Thus far, Macy's shareholders haven't really benefited from the company's real estate initiatives. Macy's stock remains near a multiyear low. But it has only been seven months since Macy's announced plans to explore real estate monetization strategies. From the beginning, Macy's management has suggested that it would take a year or two to nail down any major real estate transactions.
As Macy's announces larger real estate sales or joint ventures -- something that will hopefully begin in the next six to 12 months -- investors may finally look beyond the company's subpar sales and earnings results and recognize the value of its real estate. That should help Macy's stock get back on track.
A secret billion-dollar stock opportunity
The world's biggest tech company forgot to show you something, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early in-the-know investors! To be one of them, just click here .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Like fellow department store companies Kohl's (NYSE: KSS) and Dillard's (NYSE: DDS) , Macy's has reported a double-digit drop in earnings per share since the beginning of 2015. However, analysts who examine only Macy's current sales and profitability trends are overlooking the company's key source of value: its real estate. Moreover, another 35% of the estimated real estate value comes from eight "downtown" stores, mainly in major cities like New York, Chicago, Minneapolis, and San Francisco.
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Like fellow department store companies Kohl's (NYSE: KSS) and Dillard's (NYSE: DDS) , Macy's has reported a double-digit drop in earnings per share since the beginning of 2015. There's more to the story than retail Thus, just based on Macy's recent financial results and the future prospects for its retail business, the company's stock price decline seems well deserved. Other department stores like Kohl's and Dillard's have much less valuable real estate than Macy's.
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Like fellow department store companies Kohl's (NYSE: KSS) and Dillard's (NYSE: DDS) , Macy's has reported a double-digit drop in earnings per share since the beginning of 2015. Macy's is taking action Of course, Macy's valuable real estate might not be worth much to shareholders if the company's management were adamantly opposed to monetizing it. Macy's has shown in the past year or so that it is determined to extract value from its real estate -- it's just going to take time, due to the complexity of most real estate deals.
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Like fellow department store companies Kohl's (NYSE: KSS) and Dillard's (NYSE: DDS) , Macy's has reported a double-digit drop in earnings per share since the beginning of 2015. A retail turnaround could be tough to execute Not surprisingly, executives at Macy's, Kohl's, and Dillard's are promising to get earnings back on track in the next couple of years. There's more to the story than retail Thus, just based on Macy's recent financial results and the future prospects for its retail business, the company's stock price decline seems well deserved.
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f5877cef-f7f5-4893-b040-4abac90e57d2
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719912.0
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2016-06-09 00:00:00 UTC
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Why Dillard's Inc.'s Stock Fell 17% in May
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DDS
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https://www.nasdaq.com/articles/why-dillards-incs-stock-fell-17-may-2016-06-09
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nan
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nan
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What: Apparel and accessories retailer Dillard 's(NYSE: DDS) stock sank 17% in May, according to data provided by S&P Global Market Intelligence .
DDS data by YCharts .
The slump left shares down 40% in 2016 and at their lowest point since 2012.
So what: Dillard's stock fell early in the month in anticipation of a rough first-quarter report . Peers like Macy's (NYSE: M) and Gap (NYSE: GPS) had already warned about a weakening sales environment in the industry while lowering their full-year growth estimates.
Dillard's ended up posting similarly weak results. On May 16, the retailer announced Q1 comparable-store sales fell by 5% (equal to Gap's comps decline and slightly better than Macy's 6% drop). Like its rivals, Dillard's saw its profitability drop as it cut prices to keep inventory moving through the system. Gross margin ticked lower by a full percentage point. "Our disappointing sales pressured our gross margin and net income performance," CEO William Dillard said in a press release.
DDS Gross Profit Margin (TTM) data by YCharts .
Now what: The weak customer traffic trends threaten to continue pinching Dillard's financial results. Executives can cut costs on an absolute basis, as they did in Q1, but as long as revenue is declining, the retailer is likely to post a sharp drop in net income. In fact, bottom-line profitability just fell to 5% of sales last quarter from 7% a year ago.
Wall Street expects the pain to continue at least through the rest of this year. Consensus estimates peg full-year earnings at $5.92 per share, down 12% from 2015's result.
Like other apparel retailers, Dillard's can boost results slightly through initiatives like improving its e-commerce infrastructure and prioritizing off-price locations. The company also continues to return plenty of cash to shareholders through stock repurchases. However, the stock isn't likely to break out of its historic slump until selling conditions improve in the apparel industry.
A secret billion-dollar stock opportunity
The world's biggest tech company forgot to show you something, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early, in-the-know investors! To be one of them, just click here .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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What: Apparel and accessories retailer Dillard 's(NYSE: DDS) stock sank 17% in May, according to data provided by S&P Global Market Intelligence . DDS data by YCharts . DDS Gross Profit Margin (TTM) data by YCharts .
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What: Apparel and accessories retailer Dillard 's(NYSE: DDS) stock sank 17% in May, according to data provided by S&P Global Market Intelligence . DDS Gross Profit Margin (TTM) data by YCharts . DDS data by YCharts .
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What: Apparel and accessories retailer Dillard 's(NYSE: DDS) stock sank 17% in May, according to data provided by S&P Global Market Intelligence . DDS data by YCharts . DDS Gross Profit Margin (TTM) data by YCharts .
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What: Apparel and accessories retailer Dillard 's(NYSE: DDS) stock sank 17% in May, according to data provided by S&P Global Market Intelligence . DDS Gross Profit Margin (TTM) data by YCharts . DDS data by YCharts .
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17b829ef-2ecd-4fb5-8b80-cbe43e606048
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719913.0
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2016-05-26 00:00:00 UTC
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4 Retail Stocks to Avoid Now Post Dismal Earnings
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DDS
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https://www.nasdaq.com/articles/4-retail-stocks-to-avoid-now-post-dismal-earnings-2016-05-26
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nan
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nan
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With the first-quarter earnings season now effectively behind us, the retail sector is the only one still hogging the limelight, as a few stocks are lined up to report their financials. The conclusion derived from recent reports of retailers is that this sector's performance has been disappointing to an extent, with a variety of traditional brick-and-mortar operators reporting lower-than-expected results, in spite of already low estimates.
The initial assumptions that the improved household buying power, as a result of energy savings, would reflect in the retail sector's results, failed to translate much into reality. This was due to the shift in spending trends to online shopping, along with the competitive retail environment. For more details on earnings of this sector and others, please read our ' Earnings Trends ' report.
With respect to the retail stocks' Q1 scorecard, we now have results from 94.6% of the sector's total market capitalization in the S&P 500, wherein total earnings grew 2.4% from the year-ago period and revenues increased 5.4%. While 68.4% companies beat earnings estimates, 50% have surpassed revenue expectations.
Notably, a sizeable chunk of these companies delivered better-than-expected results, probably because estimates for this quarter were already reduced to easy-to-beat levels, owing to the global macroeconomic concerns. The decent-looking picture, however, is also a reflection of strong results at Amazon.com, Inc.AMZN . Once we exclude Amazon from the retail sector results, the comparisons start looking unfavorable.
Thus, as we gear up to enter another earnings season, it is time again to reshuffle your portfolio, and get rid of stocks that may hurt your returns. Here we have highlighted four Retail-Wholesale stocks that posted a negative earnings surprise in the last concluded quarter. These stocks are also witnessing downward revisions in estimates and carry a Zacks Rank #5 (Strong Sell). Falling estimates clearly indicate that analysts remained skeptical about these stocks' future performance.
4 Retail Stocks to Avoid Now
Beware of Kohl's CorporationKSS that delivered lower-than-expected first-quarter fiscal 2016 results. The company's quarterly earnings of 31 cents per share missed the Zacks Consensus Estimate by 13.9% and also plunged a significant 50% from the prior-year quarter. Further, net sales of $3.972 billion lagged the Zacks Consensus Estimate of $4.124 billion and fell 3.7%.
This operator of department stores has underperformed the Zacks Consensus Estimate by an average of 2.4% over the trailing four quarters. Following the dismal performance, the Zacks Consensus Estimate of $3.91 and $4.11 for fiscal 2016 and fiscal 2017 has dropped 21 cents and 29 cents, respectively, over the past 30 days.
Don't let your portfolio fall prey to Dillard's Inc.DDS . The company's first-quarter fiscal 2016 earnings of $2.17 per share lagged the Zacks Consensus Estimate of $2.57 and plunged 18.4% on a year-over-year basis. Dillard's total revenue (including service charges and other income) of $1,538.8 million slipped 4.6% from the year-ago quarter.
This fashion apparel, cosmetics, and home furnishing retailer has underperformed the Zacks Consensus Estimate by an average of 8.8% over the trailing four quarters. Following the miserable performance, the Zacks Consensus Estimate of $5.79 and $5.64 for fiscal 2016 and fiscal 2017 has declined $1.20 and $1.81, respectively, over the past 30 days.
Another stock that you should forget for now is Citi Trends, Inc.CTRN . The company's first-quarter fiscal 2016 adjusted earnings of 61 cents per share trailed both the Zacks Consensus Estimate and the year-ago figure of 74 cents by 17.6%. Further, sales dipped 0.6% year over year to $193.7 million and fell short of the Zacks Consensus Estimate of $197 million.
This value-priced retailer of urban fashion apparel and accessories has underperformed the Zacks Consensus Estimate by an average of 5.7% over the trailing four quarters. Following the drab results, the Zacks Consensus Estimate of 92 cents and $1.29 for fiscal 2016 and fiscal 2017 has decreased 27 cents and 2 cents, respectively, over the past 30 days.
Last but not the least is Nordstrom Inc.JWN , which does not deserve a place in your list of stocks. The company continued its dismal run as it reported first-quarter fiscal 2016 results, wherein both top and bottom lines lagged estimates for the third straight quarter. Nordstrom's quarterly earnings of 26 cents per share came in way below the Zacks Consensus Estimate of 45 cents and slumped 60.6% from the prior-year quarter figure of 66 cents. Total revenue rose 2.5% to $3,249 million but fell short of the Zacks Consensus Estimate of $3,293 million.
Following a disappointing quarter, Nordstrom now expects net sales to increase nearly 2.5%−4.5% in fiscal 2016 compared with 3.5-5.5% growth guided earlier. Management now envisions fiscal 2016 earnings in the range of $2.50-$2.70 per share, down from $3.10-$3.35 projected earlier.
This fashion specialty retailer has underperformed the Zacks Consensus Estimate by an average of 15.7% over the trailing four quarters. Following the poor show, the Zacks Consensus Estimate of $2.55 and $2.91 for fiscal 2016 and fiscal 2017 has tumbled 63 cents and 60 cents, respectively, over the past 30 days.
Bottom Line
In our school days, we had read an idiom, "A stitch in time saves nine", meaning that timely action may prevent serious loss later on. So, you can apply the same principle to your portfolio. Exiting the underperforming stock at the right time helps maximize your portfolio's return. For the time being, you can shift your focus to better-ranked retail stocks.
Investors can confidently end their search at stocks with a better Zacks Rank status of either #1 (Strong Buy) or #2 (Buy), which encompasses its strong fundamentals, promises price movement and highlights analysts' constructive view on the same via positive estimate revisions.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >>
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AMAZON.COM INC (AMZN): Free Stock Analysis Report
NORDSTROM INC (JWN): Free Stock Analysis Report
CITI TRENDS INC (CTRN): Free Stock Analysis Report
DILLARDS INC-A (DDS): Free Stock Analysis Report
KOHLS CORP (KSS): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Don't let your portfolio fall prey to Dillard's Inc.DDS . Click to get this free report AMAZON.COM INC (AMZN): Free Stock Analysis Report NORDSTROM INC (JWN): Free Stock Analysis Report CITI TRENDS INC (CTRN): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report KOHLS CORP (KSS): Free Stock Analysis Report To read this article on Zacks.com click here. Notably, a sizeable chunk of these companies delivered better-than-expected results, probably because estimates for this quarter were already reduced to easy-to-beat levels, owing to the global macroeconomic concerns.
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Click to get this free report AMAZON.COM INC (AMZN): Free Stock Analysis Report NORDSTROM INC (JWN): Free Stock Analysis Report CITI TRENDS INC (CTRN): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report KOHLS CORP (KSS): Free Stock Analysis Report To read this article on Zacks.com click here. Don't let your portfolio fall prey to Dillard's Inc.DDS . The company's first-quarter fiscal 2016 earnings of $2.17 per share lagged the Zacks Consensus Estimate of $2.57 and plunged 18.4% on a year-over-year basis.
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Click to get this free report AMAZON.COM INC (AMZN): Free Stock Analysis Report NORDSTROM INC (JWN): Free Stock Analysis Report CITI TRENDS INC (CTRN): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report KOHLS CORP (KSS): Free Stock Analysis Report To read this article on Zacks.com click here. Don't let your portfolio fall prey to Dillard's Inc.DDS . Following the drab results, the Zacks Consensus Estimate of 92 cents and $1.29 for fiscal 2016 and fiscal 2017 has decreased 27 cents and 2 cents, respectively, over the past 30 days.
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Don't let your portfolio fall prey to Dillard's Inc.DDS . Click to get this free report AMAZON.COM INC (AMZN): Free Stock Analysis Report NORDSTROM INC (JWN): Free Stock Analysis Report CITI TRENDS INC (CTRN): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report KOHLS CORP (KSS): Free Stock Analysis Report To read this article on Zacks.com click here. The company's quarterly earnings of 31 cents per share missed the Zacks Consensus Estimate by 13.9% and also plunged a significant 50% from the prior-year quarter.
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f41aa140-c2ed-4ac2-9711-733e695a42df
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719914.0
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2016-05-25 00:00:00 UTC
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What Falling Estimates & Price Mean for Dillard's (DDS)
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DDS
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https://www.nasdaq.com/articles/what-falling-estimates-price-mean-for-dillards-dds-2016-05-25
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nan
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nan
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Similar to wise buying decisions, exiting certain underperformers at the right time helps maximize portfolio returns. Selling off losers can be difficult, but if both the share price and estimates are falling, it could be time to get rid of the security before more losses hit your portfolio.
One such stock that you may want to consider dropping is Dillard's Inc.DDS , which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year. A Zacks Rank #5 (Strong Sell) further confirms weakness in DDS.
A key reason for this move has been the negative trend in earnings estimate revisions. For the full year, we have seen 3 estimates moving down in the past 30 days, compared with no upward revisions. This trend has caused the consensus estimate to trend lower, going from $6.99 a share a month ago to its current level of $5.79.
Also, for the current quarter, Dillard's has seen 2 downward estimate revisions versus no revisions in the opposite direction, dragging the consensus estimate down to 31 cents a share from 55 cents over the past 30 days.
The stock also has seen some pretty dismal trading lately, as the share price has dropped 18.5% in the past month.
So it may not be a good decision to keep this stock in your portfolio anymore, at least if you don't have a long time horizon to wait.
If you are still interested in the retail sector, you may instead consider a better-ranked stock - Best Buy Co., Inc. BBY . The stock currently holds a Zacks Rank #2 (Buy) and may be better selection at this time.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
BEST BUY (BBY): Free Stock Analysis Report
DILLARDS INC-A (DDS): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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One such stock that you may want to consider dropping is Dillard's Inc.DDS , which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year. A Zacks Rank #5 (Strong Sell) further confirms weakness in DDS. Click to get this free report BEST BUY (BBY): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report To read this article on Zacks.com click here.
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One such stock that you may want to consider dropping is Dillard's Inc.DDS , which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year. Click to get this free report BEST BUY (BBY): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. A Zacks Rank #5 (Strong Sell) further confirms weakness in DDS.
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One such stock that you may want to consider dropping is Dillard's Inc.DDS , which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year. Click to get this free report BEST BUY (BBY): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. A Zacks Rank #5 (Strong Sell) further confirms weakness in DDS.
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One such stock that you may want to consider dropping is Dillard's Inc.DDS , which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year. A Zacks Rank #5 (Strong Sell) further confirms weakness in DDS. Click to get this free report BEST BUY (BBY): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report To read this article on Zacks.com click here.
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e5fb1e01-7ad4-4757-bf1a-8df01e3dc24c
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719915.0
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2016-05-16 00:00:00 UTC
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Company News for May 16, 2016
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DDS
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https://www.nasdaq.com/articles/company-news-for-may-16-2016-2016-05-16
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nan
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nan
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• NVIDIA Corporation's ( NVDA ) shares jumped 15.2% after declaring fiscal first quarter adjusted earnings of $0.39 per share, more than the Zacks Consensus Estimate of $0.31
• Shares of Shake Shack Inc. ( SHAK ) increased 9.8% after announcing first quarter adjusted earnings of $0.08 per share, beating the Zacks Consensus Estimate by 2 cents
• Dillard's Inc's ( DDS ) shares fell 1.3% after posting fiscal first quarter adjusted earnings of $2.17 per share, missing the Zacks Consensus Estimate of $2.57
• Shares of Honda Motor Co., Ltd. ( HMC ) declined 4.8% after reporting fiscal fourth quarter loss of $0.46 per share, in contrast to the Zacks Consensus Estimate of earnings of $0.49 per share
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
NVIDIA CORP (NVDA): Free Stock Analysis Report
SHAKE SHACK INC (SHAK): Free Stock Analysis Report
DILLARDS INC-A (DDS): Free Stock Analysis Report
HONDA MOTOR (HMC): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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• NVIDIA Corporation's ( NVDA ) shares jumped 15.2% after declaring fiscal first quarter adjusted earnings of $0.39 per share, more than the Zacks Consensus Estimate of $0.31 • Shares of Shake Shack Inc. ( SHAK ) increased 9.8% after announcing first quarter adjusted earnings of $0.08 per share, beating the Zacks Consensus Estimate by 2 cents • Dillard's Inc's ( DDS ) shares fell 1.3% after posting fiscal first quarter adjusted earnings of $2.17 per share, missing the Zacks Consensus Estimate of $2.57 • Shares of Honda Motor Co., Ltd. ( HMC ) declined 4.8% after reporting fiscal fourth quarter loss of $0.46 per share, in contrast to the Zacks Consensus Estimate of earnings of $0.49 per share Want the latest recommendations from Zacks Investment Research? Click to get this free report NVIDIA CORP (NVDA): Free Stock Analysis Report SHAKE SHACK INC (SHAK): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report HONDA MOTOR (HMC): Free Stock Analysis Report To read this article on Zacks.com click here. Today, you can download 7 Best Stocks for the Next 30 Days.
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• NVIDIA Corporation's ( NVDA ) shares jumped 15.2% after declaring fiscal first quarter adjusted earnings of $0.39 per share, more than the Zacks Consensus Estimate of $0.31 • Shares of Shake Shack Inc. ( SHAK ) increased 9.8% after announcing first quarter adjusted earnings of $0.08 per share, beating the Zacks Consensus Estimate by 2 cents • Dillard's Inc's ( DDS ) shares fell 1.3% after posting fiscal first quarter adjusted earnings of $2.17 per share, missing the Zacks Consensus Estimate of $2.57 • Shares of Honda Motor Co., Ltd. ( HMC ) declined 4.8% after reporting fiscal fourth quarter loss of $0.46 per share, in contrast to the Zacks Consensus Estimate of earnings of $0.49 per share Want the latest recommendations from Zacks Investment Research? Click to get this free report NVIDIA CORP (NVDA): Free Stock Analysis Report SHAKE SHACK INC (SHAK): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report HONDA MOTOR (HMC): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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• NVIDIA Corporation's ( NVDA ) shares jumped 15.2% after declaring fiscal first quarter adjusted earnings of $0.39 per share, more than the Zacks Consensus Estimate of $0.31 • Shares of Shake Shack Inc. ( SHAK ) increased 9.8% after announcing first quarter adjusted earnings of $0.08 per share, beating the Zacks Consensus Estimate by 2 cents • Dillard's Inc's ( DDS ) shares fell 1.3% after posting fiscal first quarter adjusted earnings of $2.17 per share, missing the Zacks Consensus Estimate of $2.57 • Shares of Honda Motor Co., Ltd. ( HMC ) declined 4.8% after reporting fiscal fourth quarter loss of $0.46 per share, in contrast to the Zacks Consensus Estimate of earnings of $0.49 per share Want the latest recommendations from Zacks Investment Research? Click to get this free report NVIDIA CORP (NVDA): Free Stock Analysis Report SHAKE SHACK INC (SHAK): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report HONDA MOTOR (HMC): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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• NVIDIA Corporation's ( NVDA ) shares jumped 15.2% after declaring fiscal first quarter adjusted earnings of $0.39 per share, more than the Zacks Consensus Estimate of $0.31 • Shares of Shake Shack Inc. ( SHAK ) increased 9.8% after announcing first quarter adjusted earnings of $0.08 per share, beating the Zacks Consensus Estimate by 2 cents • Dillard's Inc's ( DDS ) shares fell 1.3% after posting fiscal first quarter adjusted earnings of $2.17 per share, missing the Zacks Consensus Estimate of $2.57 • Shares of Honda Motor Co., Ltd. ( HMC ) declined 4.8% after reporting fiscal fourth quarter loss of $0.46 per share, in contrast to the Zacks Consensus Estimate of earnings of $0.49 per share Want the latest recommendations from Zacks Investment Research? Click to get this free report NVIDIA CORP (NVDA): Free Stock Analysis Report SHAKE SHACK INC (SHAK): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report HONDA MOTOR (HMC): Free Stock Analysis Report To read this article on Zacks.com click here. Today, you can download 7 Best Stocks for the Next 30 Days.
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8e63779e-88da-4675-9b8a-f24352f7fb34
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719916.0
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2016-05-13 00:00:00 UTC
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S&P, Dow ETFs Tested As Retail Sales Beat But Retailers Get Smoked
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DDS
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https://www.nasdaq.com/articles/sp-dow-etfs-tested-retail-sales-beat-retailers-get-smoked-2016-05-13
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ETFs tracking the S&P 500 cracked under pressure Friday as retail earnings weighed.
After testing support at the 50-day moving average earlier this week, SPDR S&P 500 ( SPY ) fell below it at the week's close.
SPY last closed below that key level -- a gauge of institutional support -- on Feb. 29. It has now posted a loss for three straight weeks after rallying 8% from the Feb. 11 market bottom.
One investing expert described the week as disheartening. He noted the "extremely weak earnings," especially from the energy and retail sectors.
"It has been estimated that roughly $3 trillion is staying in global consumers' pockets annually because of energy savings," said Tim Courtney, CIO of Exencial Wealth Advisors. "Where's it going? That's ultimately what the market is trying determine."
Courtney was also concerned that small and more value-oriented companies are starting to lag.
The cheapest area of the market did not have a good week, similar to the last week, he noted.
"That's generally not a good sign for markets," Courtney added.
In the week ahead, he will be closely monitoring this segment. In his view, its performance will determine whether the market feels more confident or more hesitant moving forward.
On Friday, the latest economic data showed retail sales improved in April, rising 1.3% to top expectations.
However, the drumbeat of disappointing retail earnings continued, with Nordstrom 's ( JWN ) stock crumbling 13% Friday and J.C. Penney ( JCP ) falling 3% after posting quarterly results. Dillard's ( DDS ), like Nordstrom, missed on both the top and bottom lines.
Another department store retailer, Kohl's ( KSS ), reported that weak traffic trends drove a 3.9% decline in comparable store sales, the worst decline since 2009, according to S&P Global Market Intelligence.
Earlier this week, Macy's (M) earnings beat, but the company significantly lowered guidance citing weak sales growth and uncertain consumer spending.
SPDR S&P Retail (XRT) gave up 1.3% on the stock market today and posted a 4.5% weekly loss.
Consumer discretionary and real estate were the worst-performing sectors of the week. Consumer Discretionary Select Sector SPDR (XLY) notched a 1.5% weekly loss. The ETF holds retailers as well as media companies, restaurants and leisure firms.
Department store retailers are dead last in the 197 industry groups tracked by IBD.
Concerns about the strength of American consumers have rattled investors. If consumers falter, so does economic growth.
SPDR Gold Shares (GLD) posted a 1.2% weekly loss as the ETF continues to trade below a 122.47 buy point.
GLD is on the IBD Leaderboard .
12 Bellwether ETFs
Here's a look at how the major exchange traded funds tracking various asset classes performed today.
Following daily ETF market action can be key to successful investing:
SPDR S&P 500 ( SPY ), -0.9%, RS 58
PowerShares QQQ (QQQ), 0%, RS 48
SPDR Dow Jones Industrial Average (DIA), -1.1%, RS 62
IShares Core S&P Mid-Cap (IJH), -1.0%, RS 62
IShares Russell 2000 (IWM), -0.7%, RS 48
IShares MSCI EAFE (EFA), -1.1%, RS 34
Vanguard FTSE Emerging Markets (VWO), -1.8%, RS 34
SPDR Gold Shares (GLD), +0.5%, RS 73
United States Oil (USO), -0.6%, RS 40
IShares Core U.S. Aggregate Bond (AGG), +0.2%, RS 53
PowerShares DB U.S.$ Bullish (UUP), +0.5%, RS 37
IPath S&P 500 VIX Short-Term Futures (VXX), +3.4%, RS 7
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Dillard's ( DDS ), like Nordstrom, missed on both the top and bottom lines. "It has been estimated that roughly $3 trillion is staying in global consumers' pockets annually because of energy savings," said Tim Courtney, CIO of Exencial Wealth Advisors. However, the drumbeat of disappointing retail earnings continued, with Nordstrom 's ( JWN ) stock crumbling 13% Friday and J.C. Penney ( JCP ) falling 3% after posting quarterly results.
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Dillard's ( DDS ), like Nordstrom, missed on both the top and bottom lines. SPDR S&P Retail (XRT) gave up 1.3% on the stock market today and posted a 4.5% weekly loss. SPDR Gold Shares (GLD) posted a 1.2% weekly loss as the ETF continues to trade below a 122.47 buy point.
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Dillard's ( DDS ), like Nordstrom, missed on both the top and bottom lines. After testing support at the 50-day moving average earlier this week, SPDR S&P 500 ( SPY ) fell below it at the week's close. SPDR S&P Retail (XRT) gave up 1.3% on the stock market today and posted a 4.5% weekly loss.
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Dillard's ( DDS ), like Nordstrom, missed on both the top and bottom lines. ETFs tracking the S&P 500 cracked under pressure Friday as retail earnings weighed. After testing support at the 50-day moving average earlier this week, SPDR S&P 500 ( SPY ) fell below it at the week's close.
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2016-05-13 00:00:00 UTC
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Dillard's (DDS) Stock Down 5% as Q1 Earnings Lag Estimates
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DDS
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https://www.nasdaq.com/articles/dillards-dds-stock-down-5-as-q1-earnings-lag-estimates-2016-05-13
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Dillard's Inc.DDS reported first-quarter fiscal 2016 earnings of $2.17 per share that missed the Zacks Consensus Estimate of $2.57 and plunged 18.4% on a year-over-year basis. Earnings lagged primarily due to soft sales and gross margin contraction that stemmed from higher markdowns, offset slightly by flat inventories.
In response, shares of this department store chain were down 5.2% in yesterday's after-hours session.
Dillard's total revenue (including service charges and other income) of $1,538.8 million slipped 4.6% from the year-ago quarter but was ahead of the Zacks Consensus Estimate of $1,502 million.
Dillard's net sales (including CDI Contractors LLC or CDI) declined 4.5% year over year to $1,503.2 million in the reported quarter. Merchandise sales, excluding CDI, also fell 4.5% to roughly $1,449 million. Merchandise comparable-store sales for the 13-week period ended Apr 30, 2016 declined 5% from the comparable period ended May 2, 2015.
During the reported quarter, the outperforming category was shoes, in contrast to home and furniture, ladies' accessories and lingerie which remained quite weak. The best performing region was Eastern, trailed by the Central and Western areas, in that order.
Consolidated gross margin contracted 140 basis points (bps), while gross margin from retail operations (excluding CDI) contracted 145 bps. The fall in retail gross margin is mainly attributed to higher markdowns in the quarter. Inventory, on a percentage basis, remained flat year over year.
Dillard's selling, general and administrative (SG&A) expenses (as a percentage of sales) escalated 90 bps to 26.5%. In dollar terms, however, consolidated SG&A expenses declined 1.3% to $398.4 million. SG&A expense (as a percentage of sales) for retail operations expanded 89 bps to 27.4%, while in dollar terms it declined 1.4% to $396.8 million. Lower expenses were backed by a fall in advertising, services purchased, utilities and supplies, offset by higher insurance expense.
Financial Details
Dillard's ended the quarter with cash and cash equivalents of $150.3 million, long-term debt and capital leases standing (excluding current portions) at $620.1 million, and total shareholders' equity of $1,812 million.
During the fiscal first quarter, the company generated net cash flow from operations of $20.1 million. The company bought back 721,000 shares for $58.4 million in the reported quarter. With this, the company has authorization worth $441.6 million remaining under its $500 million share repurchase plan announced in Feb 2016.
Store Update
As previously announced, the company recently shut down its 105,000-square-foot store in the Aiken Mall in Aiken, SC.
As of Apr 30, 2016, Dillard's had about 272 namesake outlets and 24 clearance centers operating in 29 states, as well as an online store at www.dillards.com. Dillard's total square footage, as of the end of the fiscal first quarter, was 49.8 million.
Fiscal 2016 Outlook
For fiscal 2016, Dillard's expects rentals of approximately $27 million, while net interest and debt expenses are anticipated to be nearly $61 million, both flat with the fiscal 2015 levels.
The company projects capital expenditures of about $150 million for fiscal 2016 compared with $166 million in fiscal 2015. Depreciation and amortization expenses for fiscal 2016 are expected to remain unchanged year over year at $250 million.
Zacks Rank
Currently, Dillard's carries a Zacks Rank #5 (Strong Sell). Some better-ranked stocks in the retail sector include The Kroger Co. KR , Abercrombie & Fitch Co. ANF and Shoe Carnival Inc. SCVL , each with a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >>
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ABERCROMBIE (ANF): Free Stock Analysis Report
DILLARDS INC-A (DDS): Free Stock Analysis Report
KROGER CO (KR): Free Stock Analysis Report
SHOE CARNIVAL (SCVL): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Dillard's Inc.DDS reported first-quarter fiscal 2016 earnings of $2.17 per share that missed the Zacks Consensus Estimate of $2.57 and plunged 18.4% on a year-over-year basis. Click to get this free report ABERCROMBIE (ANF): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report KROGER CO (KR): Free Stock Analysis Report SHOE CARNIVAL (SCVL): Free Stock Analysis Report To read this article on Zacks.com click here. Earnings lagged primarily due to soft sales and gross margin contraction that stemmed from higher markdowns, offset slightly by flat inventories.
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Click to get this free report ABERCROMBIE (ANF): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report KROGER CO (KR): Free Stock Analysis Report SHOE CARNIVAL (SCVL): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's Inc.DDS reported first-quarter fiscal 2016 earnings of $2.17 per share that missed the Zacks Consensus Estimate of $2.57 and plunged 18.4% on a year-over-year basis. Dillard's net sales (including CDI Contractors LLC or CDI) declined 4.5% year over year to $1,503.2 million in the reported quarter.
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Click to get this free report ABERCROMBIE (ANF): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report KROGER CO (KR): Free Stock Analysis Report SHOE CARNIVAL (SCVL): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's Inc.DDS reported first-quarter fiscal 2016 earnings of $2.17 per share that missed the Zacks Consensus Estimate of $2.57 and plunged 18.4% on a year-over-year basis. Financial Details Dillard's ended the quarter with cash and cash equivalents of $150.3 million, long-term debt and capital leases standing (excluding current portions) at $620.1 million, and total shareholders' equity of $1,812 million.
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Click to get this free report ABERCROMBIE (ANF): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report KROGER CO (KR): Free Stock Analysis Report SHOE CARNIVAL (SCVL): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's Inc.DDS reported first-quarter fiscal 2016 earnings of $2.17 per share that missed the Zacks Consensus Estimate of $2.57 and plunged 18.4% on a year-over-year basis. The company bought back 721,000 shares for $58.4 million in the reported quarter.
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2016-05-11 00:00:00 UTC
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The Zacks Analyst Blog Highlights: Macy's, Kohl's and Dillard's
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DDS
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https://www.nasdaq.com/articles/the-zacks-analyst-blog-highlights%3A-macys-kohls-and-dillards-2016-05-11
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For Immediate Release
Chicago, IL - May 11, 2016 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Macy's Inc. ( M ), Kohl's Corporation ( KSS ) and Dillard's Inc. ( DDS ).
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free .
Here are highlights from Tuesday's Analyst Blog:
Department Store Stock Reporting Q1 Earnings
The Q1 earnings season is in its final phase with 87.2% of the S&P 500 companies having already reported their results as of May 6, 2016 (per the latest Zacks Earnings Trend ). Notably, most of these companies delivered better-than-expected results. This is probably because estimates for this quarter had fallen to real low levels, owing to the global macroeconomic concerns.
Among the 16 Zacks sectors that have the most significant impact on the S&P 500 index, eight sectors including Basic Materials, Industrial Products, Energy and Conglomerates are expected to witness an earnings decline in Q1. On the other hand, earnings of the Retail/Wholesale sector are expected to dip 0.1%, whereas revenues are projected to increase 4.9%.
Per the latest report, out of 48.8% of the S&P 500 Retail stocks that have reported results so far, 81% beat earnings and 57.1% surpassed revenue estimates. Also, 6.2% of these companies saw their earnings improve year over year, while 10.9% witnessed revenue growth.
Let's see what might be in store for these department store stocks when they release earnings results this week.
Macy's Inc. ( M ), one of the leading department store chains, is slated to report fiscal Q1 results on May 11. In the preceding two quarters, Macy's outperformed the Zacks Consensus Estimate.
Macy's operates in the highly competitive retail merchandise sector. Moreover, aggressive pricing to fend off competition may weigh on margins in the quarter to be reported. Also, the dwindling top-line and bottom-line results of Macy's remain the primary concern for investors.
A look at the company's performance in fiscal 2015 unveils that net sales and earnings declined in all four quarters. A mature domestic market, lower tourist spending and cautious consumer spending continue to pose concerns.
Macy's carries a Zacks Rank #3 (Hold) and has an Earnings ESP of -13.89%. The Zacks Consensus Estimate for the quarter is pegged at 36 cents. (Read more: Can Macy's Keep Its Earnings Streak Alive in Q1? ).
Kohl's Corporation ( KSS ) is set to report Q1 results before the opening bell on May 12. Last quarter, this specialty retailer posted a positive surprise of 1.94%. For Q1, the company expects a significant drop in gross margins as it plans to aggressively clear excessive merchandise that resulted from lower-than-expected fourth-quarter 2015 sales. SG&A expenses in Q1 are also expected to rise 3-4%, mainly due to higher advertising expenses.
Kohl's remains cautious about its fiscal 2016 results and plans to close 18 stores after reporting weak fourth-quarter 2015 results, due to retail uncertainty as well as cautious spending by the U.S. consumers. The company is witnessing lower spending on apparel and accessories. A general slowdown in consumer spending is also hurting sales at department stores.
Kohl's carries a Zacks Rank #3 and has an Earnings ESP of 0.00%. The Zacks Consensus Estimate for the quarter is pegged at 37 cents. (Read more : Will Lower Margins Dampen Kohl's Earnings in Q1? ).
Dillard's Inc. ( DDS ) is expected to report fiscal Q1 results on May 12. In the last quarter, the company delivered a negative earnings surprise of 11.8%. Also, this departmental store chain missed the Zacks Consensus Estimate in three of the last four quarters, with an average negative earnings surprise of 6.1%.
Dillard's repeated its dismal performance in fourth-quarter fiscal 2015 as both the top line and the bottom line of the company declined year over year. Also, earnings lagged expectations due to a fall in merchandise sales as well as gross margin contraction owing to higher markdowns. Management notes that sales weakness in energy producing regions and higher markdowns to revive sales persist as fiscal 2016 proceeds.
Though these factors keep us on the sidelines, we are impressed with the company's focus on increasing productivity at existing stores, developing a leading omni-channel platform and enhancing its domestic operations to support results in the future.
Dillard's carries a Zacks Rank #4 (Sell) and has an Earnings ESP of 0.00%. The Zacks Consensus Estimate for the quarter is pegged at $2.62. (Read more: Dillard's: Will Markdowns Weigh on Earnings in Q1? ).
Stay Tuned! Check our full write-up on earnings releases of these stocks.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >>
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today . Find out What is happening in the stock market today on zacks.com.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
MACYS INC (M): Free Stock Analysis Report
KOHLS CORP (KSS): Free Stock Analysis Report
DILLARDS INC-A (DDS): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Stocks recently featured in the blog include Macy's Inc. ( M ), Kohl's Corporation ( KSS ) and Dillard's Inc. ( DDS ). Dillard's Inc. ( DDS ) is expected to report fiscal Q1 results on May 12. Click to get this free report MACYS INC (M): Free Stock Analysis Report KOHLS CORP (KSS): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report To read this article on Zacks.com click here.
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Click to get this free report MACYS INC (M): Free Stock Analysis Report KOHLS CORP (KSS): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks recently featured in the blog include Macy's Inc. ( M ), Kohl's Corporation ( KSS ) and Dillard's Inc. ( DDS ). Dillard's Inc. ( DDS ) is expected to report fiscal Q1 results on May 12.
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Click to get this free report MACYS INC (M): Free Stock Analysis Report KOHLS CORP (KSS): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks recently featured in the blog include Macy's Inc. ( M ), Kohl's Corporation ( KSS ) and Dillard's Inc. ( DDS ). Dillard's Inc. ( DDS ) is expected to report fiscal Q1 results on May 12.
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Dillard's Inc. ( DDS ) is expected to report fiscal Q1 results on May 12. Stocks recently featured in the blog include Macy's Inc. ( M ), Kohl's Corporation ( KSS ) and Dillard's Inc. ( DDS ). Click to get this free report MACYS INC (M): Free Stock Analysis Report KOHLS CORP (KSS): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report To read this article on Zacks.com click here.
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2016-05-11 00:00:00 UTC
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Retail Stocks to Report Q1 Earnings on May 12: DDS, KSS, JWN
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DDS
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https://www.nasdaq.com/articles/retail-stocks-to-report-q1-earnings-on-may-12%3A-dds-kss-jwn-2016-05-11
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Nearly all sectors have reached the last leg of the Q1 earnings season, with approximately 87.2% of the S&P 500 members having reported their results as of May 6, 2016 (per the latest Zacks Earnings Trend ). Notably, a sizeable chunk of these companies delivered better-than-expected results, probably because estimates for this quarter were already reduced to easy-to-beat levels, owing to the global macroeconomic concerns. This therefore reflects an improvement in the overall corporate earnings picture.
According to the report, earnings for the 436 S&P 500 companies that have reported are down 7.5% from the same period last year, while revenues have declined 1.5%. While 71.3% companies beat earnings estimates, 56.4% have surpassed revenue expectations. The report further projects that earnings for the total S&P 500 companies will decline 6.7% from the year-ago period, and total revenue will dip 1.1%. We observe that this will be the fourth straight quarter, if the index witnesses a drop in earnings.
The performance of the index is not restricted to a single sector, and of the 16 Zacks sectors, 9 are expected to witness an earnings decline in Q1, with Basic Materials, Industrial Products, Energy and Conglomerates being a big drag. However, the Retail/Wholesale sector is showing some resilience in spite of overseas turmoil, yet-to-recover Chinese economy, fluctuating commodity prices and Fed rate-related controversies that to an extent are affecting consumers' spending behavior.
Total earnings for the Retail/Wholesale sector are expected to dip 0.1%, whereas revenues are projected to increase 4.9%. Among Retail/Wholesale stocks lined up to report, let's take a sneak peek at four companies.
Dillard's Inc.DDS is expected to report first-quarter fiscal 2016 results on May 12. In the last quarter, the company delivered a negative earnings surprise of 11.8%. Also, this departmental store chain missed the Zacks Consensus Estimate in three of the last four quarters, with an average negative earnings surprise of 6.1%.
Dillard's repeated its dismal performance in fourth-quarter fiscal 2015 as both its top and bottom lines declined year over year. Also, earnings lagged expectations due to a fall in merchandise sales as well as gross margin contraction owing to higher markdowns. Management noted that sales weakness in energy producing regions and higher markdowns to revive sales persist in fiscal 2016.
Though these factors keep us on the sidelines, we are impressed with the company's focus on increasing productivity at existing stores, developing a leading omni-channel platform and enhancing its domestic operations to support results in the future.
Dillard's carries a Zacks Rank #4 (Sell) and has an Earnings ESP of 0.00%. The Zacks Consensus Estimate for the quarter is pegged at $2.62. (Read more: Dillard's: Will Markdowns Weigh on Earnings in Q1? ).
Kohl's CorporationKSS is set to report first-quarter fiscal 2016 results before the opening bell on May 12. Last quarter, this specialty retailer posted a positive earnings surprise of 1.9%. For Q1, the company expects a significant contraction in gross margin as it plans to aggressively clear excessive merchandise that resulted from lower-than-expected fourth-quarter fiscal 2015 sales. SG&A expenses in the first quarter are also expected to escalate 3-4%, mainly due to higher advertising expenses. Kohl's remains cautious about its fiscal 2016 results given the competitive retail landscape as well as cautious consumer spending.
Kohl's carries a Zacks Rank #3 (Hold) and has an Earnings ESP of 0.00%. The Zacks Consensus Estimate for the quarter is pegged at 37 cents. (Read more: Will Lower Margins Dampen Kohl's Earnings in Q1? ).
Nordstrom Inc.JWN is slated to report first-quarter fiscal 2016 results on May 12. Last quarter, the company delivered a negative earnings surprise of 4.1%. In fact, the company has underperformed the Zacks Consensus Estimate by an average of 6.9% over the trailing four quarters.
After a dismal fourth quarter, Nordstrom issued a bleak outlook for fiscal 2016. Management stated that it expects earnings to nosedive approximately 30% in the first half of the fiscal year owing to the impact of the sale of credit receivables in Oct 2015, the unfavorable shift of the Anniversary sale event and costs related to various growth initiatives. Considering such a subdued outlook, we are not very optimistic about the company's first-quarter results. However, Nordstrom's customer strategy, strong brand image and continuous expansion endeavors bode well.
Nordstrom carries a Zacks Rank #4 and has an Earnings ESP of -2.22%. The Zacks Consensus Estimate for the quarter is pegged at 45 cents. (Read more: Nordstrom Q1 Earnings: Is a Disappointment in Store? ).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
NORDSTROM INC (JWN): Free Stock Analysis Report
DILLARDS INC-A (DDS): Free Stock Analysis Report
KOHLS CORP (KSS): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Dillard's Inc.DDS is expected to report first-quarter fiscal 2016 results on May 12. Click to get this free report NORDSTROM INC (JWN): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report KOHLS CORP (KSS): Free Stock Analysis Report To read this article on Zacks.com click here. However, the Retail/Wholesale sector is showing some resilience in spite of overseas turmoil, yet-to-recover Chinese economy, fluctuating commodity prices and Fed rate-related controversies that to an extent are affecting consumers' spending behavior.
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Click to get this free report NORDSTROM INC (JWN): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report KOHLS CORP (KSS): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's Inc.DDS is expected to report first-quarter fiscal 2016 results on May 12. Also, earnings lagged expectations due to a fall in merchandise sales as well as gross margin contraction owing to higher markdowns.
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Click to get this free report NORDSTROM INC (JWN): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report KOHLS CORP (KSS): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's Inc.DDS is expected to report first-quarter fiscal 2016 results on May 12. Nearly all sectors have reached the last leg of the Q1 earnings season, with approximately 87.2% of the S&P 500 members having reported their results as of May 6, 2016 (per the latest Zacks Earnings Trend ).
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Dillard's Inc.DDS is expected to report first-quarter fiscal 2016 results on May 12. Click to get this free report NORDSTROM INC (JWN): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report KOHLS CORP (KSS): Free Stock Analysis Report To read this article on Zacks.com click here. According to the report, earnings for the 436 S&P 500 companies that have reported are down 7.5% from the same period last year, while revenues have declined 1.5%.
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b88fe5bc-4538-489e-b611-705089b20082
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719920.0
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2016-05-10 00:00:00 UTC
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Department Store Stocks to Report Q1 Earnings: M, KSS, DDS
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DDS
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https://www.nasdaq.com/articles/department-store-stocks-to-report-q1-earnings%3A-m-kss-dds-2016-05-10
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nan
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nan
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The Q1 earnings season is in its final phase with 87.2% of the S&P 500 companies having already reported their results as of May 6, 2016 (per the latest Zacks Earnings Trend ). Notably, most of these companies delivered better-than-expected results. This is probably because estimates for this quarter had fallen to real low levels, owing to the global macroeconomic concerns.
Among the 16 Zacks sectors that have the most significant impact on the S&P 500 index, eight sectors including Basic Materials, Industrial Products, Energy and Conglomerates are expected to witness an earnings decline in Q1. On the other hand, earnings of the Retail/Wholesale sector are expected to dip 0.1%, whereas revenues are projected to increase 4.9%.
Per the latest report, out of 48.8% of the S&P 500 Retail stocks that have reported results so far, 81% beat earnings and 57.1% surpassed revenue estimates. Also, 6.2% of these companies saw their earnings improve year over year, while 10.9% witnessed revenue growth.
Let's see what might be in store for these department store stocks when they release earnings results this week.
Macy's Inc.M , one of the leading department store chains, is slated to report fiscal Q1 results on May 11. In the preceding two quarters, Macy's outperformed the Zacks Consensus Estimate.
Macy's operates in the highly competitive retail merchandise sector. Moreover, aggressive pricing to fend off competition may weigh on margins in the quarter to be reported. Also, the dwindling top-line and bottom-line results of Macy's remain the primary concern for investors.
A look at the company's performance in fiscal 2015 unveils that net sales and earnings declined in all four quarters. A mature domestic market, lower tourist spending and cautious consumer spending continue to pose concerns.
Macy's carries a Zacks Rank #3 (Hold) and has an Earnings ESP of -13.89%. The Zacks Consensus Estimate for the quarter is pegged at 36 cents. (Read more: Can Macy's Keep Its Earnings Streak Alive in Q1? ).
Kohl's CorporationKSS is set to report Q1 results before the opening bell on May 12. Last quarter, this specialty retailer posted a positive surprise of 1.94%. For Q1, the company expects a significant drop in gross margins as it plans to aggressively clear excessive merchandise that resulted from lower-than-expected fourth-quarter 2015 sales. SG&A expenses in Q1 are also expected to rise 3-4%, mainly due to higher advertising expenses.
Kohl's remains cautious about its fiscal 2016 results and plans to close 18 stores after reporting weak fourth-quarter 2015 results, due to retail uncertainty as well as cautious spending by the U.S. consumers. The company is witnessing lower spending on apparel and accessories. A general slowdown in consumer spending is also hurting sales at department stores.
Kohl's carries a Zacks Rank #3 and has an Earnings ESP of 0.00%. The Zacks Consensus Estimate for the quarter is pegged at 37 cents. (Read more : Will Lower Margins Dampen Kohl's Earnings in Q1? ).
Dillard's Inc.DDS is expected to report fiscal Q1 results on May 12. In the last quarter, the company delivered a negative earnings surprise of 11.8%. Also, this departmental store chain missed the Zacks Consensus Estimate in three of the last four quarters, with an average negative earnings surprise of 6.1%.
Dillard's repeated its dismal performance in fourth-quarter fiscal 2015 as both the top line and the bottom line of the company declined year over year. Also, earnings lagged expectations due to a fall in merchandise sales as well as gross margin contraction owing to higher markdowns. Management notes that sales weakness in energy producing regions and higher markdowns to revive sales persist as fiscal 2016 proceeds.
Though these factors keep us on the sidelines, we are impressed with the company's focus on increasing productivity at existing stores, developing a leading omni-channel platform and enhancing its domestic operations to support results in the future.
Dillard's carries a Zacks Rank #4 (Sell) and has an Earnings ESP of 0.00%. The Zacks Consensus Estimate for the quarter is pegged at $2.62. (Read more: Dillard's: Will Markdowns Weigh on Earnings in Q1? ).
Stay Tuned! Check our full write-up on earnings releases of these stocks.
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MACYS INC (M): Free Stock Analysis Report
DILLARDS INC-A (DDS): Free Stock Analysis Report
KOHLS CORP (KSS): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Dillard's Inc.DDS is expected to report fiscal Q1 results on May 12. Click to get this free report MACYS INC (M): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report KOHLS CORP (KSS): Free Stock Analysis Report To read this article on Zacks.com click here. For Q1, the company expects a significant drop in gross margins as it plans to aggressively clear excessive merchandise that resulted from lower-than-expected fourth-quarter 2015 sales.
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Click to get this free report MACYS INC (M): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report KOHLS CORP (KSS): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's Inc.DDS is expected to report fiscal Q1 results on May 12. Kohl's remains cautious about its fiscal 2016 results and plans to close 18 stores after reporting weak fourth-quarter 2015 results, due to retail uncertainty as well as cautious spending by the U.S. consumers.
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Click to get this free report MACYS INC (M): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report KOHLS CORP (KSS): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's Inc.DDS is expected to report fiscal Q1 results on May 12. The Q1 earnings season is in its final phase with 87.2% of the S&P 500 companies having already reported their results as of May 6, 2016 (per the latest Zacks Earnings Trend ).
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Dillard's Inc.DDS is expected to report fiscal Q1 results on May 12. Click to get this free report MACYS INC (M): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report KOHLS CORP (KSS): Free Stock Analysis Report To read this article on Zacks.com click here. Per the latest report, out of 48.8% of the S&P 500 Retail stocks that have reported results so far, 81% beat earnings and 57.1% surpassed revenue estimates.
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bdc0a47b-44a1-4bb1-91a8-233e74648c90
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719921.0
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2016-05-06 00:00:00 UTC
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Dillard's (DDS): Will Markdowns Weigh on Earnings in Q1?
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DDS
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https://www.nasdaq.com/articles/dillards-dds%3A-will-markdowns-weigh-on-earnings-in-q1-2016-05-06
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nan
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nan
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Dillard's Inc.DDS is expected to report first-quarter fiscal 2016 results on May 12. In the last quarter, the company delivered a negative earnings surprise of 11.8%.
Also, this departmental store chain missed the Zacks Consensus Estimate in three of the last four quarters, delivering an average negative earnings surprise of 6.1%. Let's see how things are shaping up for this announcement.
Factors Influencing this Quarter
Dillard's repeated its dismal performance trend in fourth-quarter fiscal 2015 as both the top and bottom lines declined year over year. Also, earnings lagged expectations due to a fall in merchandise sales coupled with gross margin contraction that stemmed from higher markdowns. Also, management's commentary indicated that the sales weakness in energy producing regions and higher markdowns to revive sales persist as fiscal 2016 proceeds.
While these factors keep us cautious of the upcoming results, we remain impressed with the company's focus on increasing productivity at existing stores, developing a leading omni-channel platform and enhancing its domestic operations to support future results. Consequently, we would prefer to wait and see what's in store for Dilliard's in the quarter to be reported.
Earnings Whispers
Our proven model does not conclusively show that Dillard's is likely to beat on earnings this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1, 2 or 3 for this to happen. This is not the case here, as you will see below:
Zacks ESP: Earnings ESP for Dillard's is currently pegged at 0.00%. This is because the Most Accurate estimate and the Zacks Consensus Estimate both stand at $2.62 per share.
Zacks Rank: Dillard's currently carries a Zacks Rank #4 (Sell). We caution against stocks with a Zacks Rank #4 or 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions.
Stocks that Warrant a Look
Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat this quarter:
The TJX Companies Inc. TJX , scheduled to report earnings on May 17, has an Earnings ESP of +1.43% and a Zacks Rank #2 (Buy).
L Brands Inc. LB , scheduled to report earnings on May 18, has an Earnings ESP of +1.75% and a Zacks Rank #3 (Hold).
ULTA Salon, Cosmetics & Fragrance Inc. ULTA , scheduled to report earnings on May 26, has an Earnings ESP of +0.78% and a Zacks Rank #1 (Strong Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
TJX COS INC NEW (TJX): Free Stock Analysis Report
ULTA SALON COSM (ULTA): Free Stock Analysis Report
DILLARDS INC-A (DDS): Free Stock Analysis Report
L BRANDS INC (LB): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Dillard's Inc.DDS is expected to report first-quarter fiscal 2016 results on May 12. Click to get this free report TJX COS INC NEW (TJX): Free Stock Analysis Report ULTA SALON COSM (ULTA): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report L BRANDS INC (LB): Free Stock Analysis Report To read this article on Zacks.com click here. Also, this departmental store chain missed the Zacks Consensus Estimate in three of the last four quarters, delivering an average negative earnings surprise of 6.1%.
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Click to get this free report TJX COS INC NEW (TJX): Free Stock Analysis Report ULTA SALON COSM (ULTA): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report L BRANDS INC (LB): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's Inc.DDS is expected to report first-quarter fiscal 2016 results on May 12. Stocks that Warrant a Look Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat this quarter: The TJX Companies Inc. TJX , scheduled to report earnings on May 17, has an Earnings ESP of +1.43% and a Zacks Rank #2 (Buy).
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Click to get this free report TJX COS INC NEW (TJX): Free Stock Analysis Report ULTA SALON COSM (ULTA): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report L BRANDS INC (LB): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's Inc.DDS is expected to report first-quarter fiscal 2016 results on May 12. Stocks that Warrant a Look Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat this quarter: The TJX Companies Inc. TJX , scheduled to report earnings on May 17, has an Earnings ESP of +1.43% and a Zacks Rank #2 (Buy).
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Dillard's Inc.DDS is expected to report first-quarter fiscal 2016 results on May 12. Click to get this free report TJX COS INC NEW (TJX): Free Stock Analysis Report ULTA SALON COSM (ULTA): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report L BRANDS INC (LB): Free Stock Analysis Report To read this article on Zacks.com click here. We caution against stocks with a Zacks Rank #4 or 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions.
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704ab6bf-32f5-4f36-98a4-a461da14d00d
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719922.0
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2016-05-01 00:00:00 UTC
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Better Buy: Realty Income Corporation vs. Kimco Realty Corporation
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DDS
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https://www.nasdaq.com/articles/better-buy-realty-income-corporation-vs-kimco-realty-corporation-2016-05-01
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nan
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nan
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How they grow
These two REITs have different growth strategies investors need to know about. In Realty Income's case, the primary growth mechanism is through acquisitions. The company has spent $7.4 billion on acquisitions since 2010 and plans on another $900 million this year. In contrast, the company only plans to dispose of $50 million to $75 million worth of properties. And Realty Income is not in the development business.
On the other hand, Kimco's primary method of growth is development and redeveloping properties. In fact, over the past five years, Kimco has disposed of more properties than it acquired and plans to do the same in 2016. However, it plans to spend $225 million to $325 million per year on development and redevelopment per year through 2020. Redevelopment is a particular focus right now: The company has said it plans to "aggressively" pursue redevelopment opportunities in its own portfolio, as it is an opportunity to create instant value once the projects are complete. As of the end of 2015, Kimco has a $1 billion redevelopment pipeline, which it estimates will create $550 million in value for shareholders.
Balance sheets and financing
Both REITs have strong balance sheets, but I have to give the clear advantage to Realty Income in this category. Just 26% of the company's capitalization is in the form of debt or preferred stock, as opposed to 36% for Kimco.
This translates to a fixed-charge coverage of 4.1 for Realty Income and 3.0 for Kimco. Now, with this kind of coverage and 63% equity capitalization, Kimco doesn't have a bad balance sheet by any means -- it's just not quite as solid as Realty Income's.
Dividends and performance
This is another area where Realty Income stands out. For one thing, Realty Income's 17.8% average annual total return since its IPO is significantly better than Kimco's 13.3%, although both handily beat the S&P 500.
More significant than this is the consistency, both in terms of overall performance and dividends. Kimco has done a good job of increasing its dividend recently, but it doesn't have a perfect history of increases. On the other hand, Realty Income has increased its dividend for 74 consecutive quarters by an average annual rate of 4.7%.
Even though it has produced a dramatically higher return over the long run, Realty Income has done so in a more linear fashion than Kimco has. Simply put, Realty Income has performed well while consistently allowing its shareholders to sleep soundly at night. We all know that past performance doesn't guarantee future results, but history has shown that companies with strong histories tend to continue the trend.
Valuation comparison
Now, just because Realty Income's numbers look better in the previous two categories doesn't necessarily mean that it's the better buy now. There's still the matter of valuation to consider.
The best metric for valuing REITs is funds from operations, or FFO. To make a long story short, FFO is a much more accurate way to express a REIT's profitability than net income or earnings per share.
Many REITs have their own company-specific ways of calculating their ongoing FFO that account for one-time items. There are different names for this, depending on the company -- Realty Income calls this adjusted FFO, or AFFO, while Kimco calls this "recurring" FFO. So, to best reflect each company's ongoing profitability, these are the FFO numbers used below.
Note: Forward P/FFO based on midpoint of guidance range.
So while Kimco is indeed the cheaper of the two, it's not by much.
Is one a better buy now?
Don't get me wrong. I like Kimco as a company, and I especially like its 2020 improvement plan it outlines in its most recent investor presentation . However, Realty Income is simply the better investment at this point. You get a stronger balance sheet, better dividend history, and (in my opinion) a safer form of retail property. Realty Income's property types are less vulnerable to online competitors than, say, TJ Maxx or Bed Bath & Beyond.
Just to reiterate -- you won't go wrong with either company. Both have great business models, and I think both companies will continue to deliver market-beating results. I just have a higher level of confidence in Realty Income.
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The article Better Buy: Realty Income Corporation vs. Kimco Realty Corporation originally appeared on Fool.com.
Matthew Frankel owns shares of FedEx and Realty Income. The Motley Fool owns shares of and recommends FedEx, Panera Bread, and Starbucks. The Motley Fool recommends Bed Bath & Beyond, CVS Health, Home Depot, and Nordstrom. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy .
Copyright © 1995 - 2016 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Now, with this kind of coverage and 63% equity capitalization, Kimco doesn't have a bad balance sheet by any means -- it's just not quite as solid as Realty Income's. For one thing, Realty Income's 17.8% average annual total return since its IPO is significantly better than Kimco's 13.3%, although both handily beat the S&P 500. To make a long story short, FFO is a much more accurate way to express a REIT's profitability than net income or earnings per share.
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Even though it has produced a dramatically higher return over the long run, Realty Income has done so in a more linear fashion than Kimco has. The article Better Buy: Realty Income Corporation vs. Kimco Realty Corporation originally appeared on Fool.com. The Motley Fool recommends Bed Bath & Beyond, CVS Health, Home Depot, and Nordstrom.
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Now, with this kind of coverage and 63% equity capitalization, Kimco doesn't have a bad balance sheet by any means -- it's just not quite as solid as Realty Income's. There are different names for this, depending on the company -- Realty Income calls this adjusted FFO, or AFFO, while Kimco calls this "recurring" FFO. The article Better Buy: Realty Income Corporation vs. Kimco Realty Corporation originally appeared on Fool.com.
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On the other hand, Kimco's primary method of growth is development and redeveloping properties. Valuation comparison Now, just because Realty Income's numbers look better in the previous two categories doesn't necessarily mean that it's the better buy now. You get a stronger balance sheet, better dividend history, and (in my opinion) a safer form of retail property.
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e7002fda-b838-48e8-92b4-709910aaaea7
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719923.0
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2016-04-10 00:00:00 UTC
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Where Will J.C. Penney Be in 10 Years?
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DDS
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https://www.nasdaq.com/articles/where-will-jc-penney-be-10-years-2016-04-10
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nan
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nan
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Just three years ago, J.C. Penney was thought to be on it last legs. Stores were being shuttered, old CEOs were departing while new CEOs were riding in on white horses, and the word bankruptcy was being tossed around on a daily basis when referring to the beleaguered retailer. Despite its woes, J.C. Penney managed to cut costs, alter its course, and slowly but surely earn back the trust of some of the customers it lost. It seems that, at the very least, there is a place for J.C. Penney in retail America today.
Retail America tomorrow, however, could be an entirely different story. Amazon.com 's sales, a bellwether for e-commerce usage, continue to climb every year. Meanwhile, J.C. Penney's top competitor, Macy 's , continues to invest in omnichannel and other e-commerce-focused initiatives. Those moves, funded by Macy's massive free cash flow generation, could very well leave JCP in the dust. Given all of this, is it possible that all J.C. Penney's management has earned for the company is a temporary stay of execution?
This J.C. Penney in Brooklyn has a very modern look. Image source: J.C. Penney.
Below, three Motley Fools contributors weigh in to answer the question: Where will J.C. Penney be in 10 years?
Daniel B. Kline (Out of business): My dire prediction is not meant as a knock on the work Mike Ullman did in bringing the company back from the mess Ron Johnson created, nor is it a criticism of current CEO Marvin Ellison. The problem is that while Johnson was clearly the wrong visionary, it's going to take a radical reinvention for nearly any retailer to survive in the coming decade.
J.C. Penney is a lower-priced department store competing in a space already squeezed heavily by the Internet. Going forward, that pressure will only become more intense. Now, at least physical stores have the advantage of people seeing, and trying on, clothes in person before purchasing. That's an advantage for brick-and-mortar stores when it comes to anything wearable. Even in an area like shoes, where someone's size is generally consistent, people hesitate to buy online because of the hassle involved in returning something.
What happens to a retailer like J.C. Penney when technology makes that much less of a problem? There are already tablet-based apps that help people size clothes. They're not perfect yet, nor are they widespread, but five years from now, who knows?
Remove, or at least reduce, the natural advantages physical stores like J.C. Penney have and all it really has going for it is the occasional shopper in need of an item right there and then. That, too, will become less of an advantage as two-day delivery becomes the default and even faster methods get developed.
J.C. Penney, at least as it currently exists, is simply not special enough to survive the loss of these edges over buying online. It's possible that Ellison plans to finish stabilizing the chain, before attempting a radical reinvention, but that seems unlikely, which leads me to believe this will be a case of a well-managed, slow death.
Rich Duprey(Thriving): Wall Street has been completely unable to accurately forecast J.C. Penney's recovery almost from the time it began. The fact that it has finally gotten on board with the department store chain making good on its promise could be seen as a contrarian indicator, but I think for once, Wall Street has got it right.
It's true that the retail landscape is in the midst of an upheaval, as Amazon has changed the way consumers shop. There's no evidence, however, that shoppers are willing to completely abandon the physical store for the digital. Indeed, Amazon is now in the midst of opening a number of brick-and-mortar locations precisely because customers still want to feel, touch, and experience an item before making a purchase. We're actually seeing this from quite a few Internet retailers that until very recently were online-only, including diamond seller Blue Nile launching a physical "webroom" to hawk its stones; Gap subsidiary Piperlime opening its first store in Soho, New York; and curated commerce service Birchbox experimenting with the model.
Using brick-and-mortar stores as distribution points for e-commerce sales helps blur the distinction between what is considered an online seller and a physical location retailer.
That bodes well for J.C. Penney, which has initiated not only a major transformation of its many shopping mall anchor stores, but a revamp of its online channel aimed at making it just as important a component of its success. In its annual filing with the SEC last month, the retailer credited Internet sales with helping it achieve its goals, noting, "Internet sales grew at a faster rate compared to our department stores and were positively affected by our mobile application that creates an enhanced digital experience."
It has regained market share while rivals like Macy's and Kohl's have stumbled, I foresee J.C. Penney strengthening its position and enjoying even better results than it is now.
Sean O'Reilly(Smaller but profitable): I couldn't agree more with those who say that the golden age of the brick-and-mortar department store is probably behind us. Only a (lower-case) fool can look at the annual march upwards of online sales and not see the writing on the wall. This does not mean, however, that there is no room for the likes of J.C. Penney (or a few of its peers, for that matter) in the 21st century. What J.C. Penney will require to succeed is not a store in every decent-sized city. JCP needs fewer stores, in fewer markets. Of course, each of these locations will need to be carefully stocked, and operate in highly efficient locations that work hand-in-hand with advanced distribution and online sales network.
So, what does all of this mean for the J.C. Penney of 2026? One need only look, I believe, at the current operations and financial statistics of its two worthy peers: Macy's and Dillard's . Macy's has been the leader of the pack for some time now, and while it didn't have the best 2015 holiday season from an operating standpoint, its results speak for themselves. Dillard's, too, seems to succeed by following the K.I.S.S. rule (keep it simple, stupid), and so too will J.C. Penney in the years ahead.
Dillard's operates just under 300 stores spread across 29 states. This lends credibility to the idea that leaner is better, especially when coupled with its decent profitability compared to JCP. Dillard's larger peers seem to be getting the idea. J.C. Penney has closed, or scheduled for closure, over 100 stores (dropping its location count to 1,062 as of Dec. 31, 2015) as part of its cost-cutting initiatives of the last few years. Macy's, despite its billions in free cash flow and profits every year, actually closed 22 locations in fiscal 2015 while opening just 5 new stores, for a net decrease of 17 stores. All three of these retailers see the writing on the wall. What lies ahead are fewer physical store locations, found primarily in high-traffic, high-population areas, all of which will work hand-in-hand with a modern, e-commerce focused, distribution network. For JCP, specifically, I wouldn't be surprised to see its profits continue upwards, and store count continue downwards, in the decade ahead.
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The article Where Will J.C. Penney Be in 10 Years? originally appeared on Fool.com.
Daniel Kline has no position in any stocks mentioned. Rich Duprey has no position in any stocks mentioned. Sean O'Reilly has no position in any stocks mentioned. The Motley Fool owns shares of and recommends Amazon.com. The Motley Fool recommends Blue Nile. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy .
Copyright © 1995 - 2016 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Daniel B. Kline (Out of business): My dire prediction is not meant as a knock on the work Mike Ullman did in bringing the company back from the mess Ron Johnson created, nor is it a criticism of current CEO Marvin Ellison. We're actually seeing this from quite a few Internet retailers that until very recently were online-only, including diamond seller Blue Nile launching a physical "webroom" to hawk its stones; Gap subsidiary Piperlime opening its first store in Soho, New York; and curated commerce service Birchbox experimenting with the model. What lies ahead are fewer physical store locations, found primarily in high-traffic, high-population areas, all of which will work hand-in-hand with a modern, e-commerce focused, distribution network.
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Of course, each of these locations will need to be carefully stocked, and operate in highly efficient locations that work hand-in-hand with advanced distribution and online sales network. For JCP, specifically, I wouldn't be surprised to see its profits continue upwards, and store count continue downwards, in the decade ahead. The Motley Fool recommends Blue Nile.
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In its annual filing with the SEC last month, the retailer credited Internet sales with helping it achieve its goals, noting, "Internet sales grew at a faster rate compared to our department stores and were positively affected by our mobile application that creates an enhanced digital experience." J.C. Penney has closed, or scheduled for closure, over 100 stores (dropping its location count to 1,062 as of Dec. 31, 2015) as part of its cost-cutting initiatives of the last few years. Macy's, despite its billions in free cash flow and profits every year, actually closed 22 locations in fiscal 2015 while opening just 5 new stores, for a net decrease of 17 stores.
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What happens to a retailer like J.C. Penney when technology makes that much less of a problem? So, what does all of this mean for the J.C. Penney of 2026? For JCP, specifically, I wouldn't be surprised to see its profits continue upwards, and store count continue downwards, in the decade ahead.
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bc7ebe2d-d46c-4307-b862-09a892b63c8b
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719924.0
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2016-03-21 00:00:00 UTC
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DDS November 18th Options Begin Trading
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DDS
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https://www.nasdaq.com/articles/dds-november-18th-options-begin-trading-2016-03-21
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nan
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nan
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Investors in Dillard's Inc. (Symbol: DDS) saw new options become available today, for the November 18th expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 242 days until expiration the newly available contracts represent a possible opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the DDS options chain for the new November 18th contracts and identified one put and one call contract of particular interest.
The put contract at the $80.00 strike price has a current bid of $5.90. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $80.00, but will also collect the premium, putting the cost basis of the shares at $74.10 (before broker commissions). To an investor already interested in purchasing shares of DDS, that could represent an attractive alternative to paying $87.00/share today.
Because the $80.00 strike represents an approximate 8% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 67%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract . Should the contract expire worthless, the premium would represent a 7.38% return on the cash commitment, or 11.12% annualized - at Stock Options Channel we call this the YieldBoost .
Below is a chart showing the trailing twelve month trading history for Dillard's Inc., and highlighting in green where the $80.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $90.00 strike price has a current bid of $8.20. If an investor was to purchase shares of DDS stock at the current price level of $87.00/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $90.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 12.87% if the stock gets called away at the November 18th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if DDS shares really soar, which is why looking at the trailing twelve month trading history for Dillard's Inc., as well as studying the business fundamentals becomes important. Below is a chart showing DDS's trailing twelve month trading history, with the $90.00 strike highlighted in red:
Considering the fact that the $90.00 strike represents an approximate 3% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 49%. On our website under the contract detail page for this contract , Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 9.43% boost of extra return to the investor, or 14.21% annualized, which we refer to as the YieldBoost .
The implied volatility in the put contract example is 34%, while the implied volatility in the call contract example is 36%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 252 trading day closing values as well as today's price of $87.00) to be 31%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com.
Top YieldBoost Calls of the S&P 500 »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Of course, a lot of upside could potentially be left on the table if DDS shares really soar, which is why looking at the trailing twelve month trading history for Dillard's Inc., as well as studying the business fundamentals becomes important. Below is a chart showing DDS's trailing twelve month trading history, with the $90.00 strike highlighted in red: Considering the fact that the $90.00 strike represents an approximate 3% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Dillard's Inc. (Symbol: DDS) saw new options become available today, for the November 18th expiration.
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The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 67%. Below is a chart showing DDS's trailing twelve month trading history, with the $90.00 strike highlighted in red: Considering the fact that the $90.00 strike represents an approximate 3% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 49%.
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Below is a chart showing DDS's trailing twelve month trading history, with the $90.00 strike highlighted in red: Considering the fact that the $90.00 strike represents an approximate 3% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. On our website under the contract detail page for this contract , Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Investors in Dillard's Inc. (Symbol: DDS) saw new options become available today, for the November 18th expiration.
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At Stock Options Channel , our YieldBoost formula has looked up and down the DDS options chain for the new November 18th contracts and identified one put and one call contract of particular interest. Below is a chart showing DDS's trailing twelve month trading history, with the $90.00 strike highlighted in red: Considering the fact that the $90.00 strike represents an approximate 3% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Dillard's Inc. (Symbol: DDS) saw new options become available today, for the November 18th expiration.
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32e59cc2-ea1b-4ae7-a848-f6d568bd1849
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719925.0
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2016-03-05 00:00:00 UTC
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Can You Guess Which Department or Discount Store Ranks Highest in Customer Satisfaction?
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DDS
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https://www.nasdaq.com/articles/can-you-guess-which-department-or-discount-store-ranks-highest-customer-satisfaction-2016
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nan
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nan
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Target was one of the more disappointing chains in the ACSI report. Image Source: Target
The American people are growing more dissatisfied with the retail experience, according to a new report [registration required] from the American Consumer Satisfaction Index.
ACSI's Retail Report 2015 shows that only two years after customer satisfaction with the retail segment reached an all-time high, with an ACSI index score of 77.9, satisfaction fell for a second consecutive year, sliding 2.6% to 74.8 on the 100-point scale. But while scores have fallen, they still stand 0.2 points above the long-term average for the sector, which is broken down into six sub-segments: department and discount stores, gas stations, drug stores, specialty retail stores, supermarkets, and online retail.
Of those six, in 2015, only gas stations saw satisfaction rise, which makes sense given that prices at the pump were down 9% in December year-over-year, according to ACSI, which uses data from interviews with roughly 70,000 customers annually to gauge customer satisfaction with more than 300 companies in 43 industries and 10 economic sectors.
Internet retail remained the highest-scoring category, despite a 2.4% drop for 2015 to a score of 80. Customer satisfaction with department and discount stores fell 3.9% to an ACSI score of 74, the lowest level since 2008. Despite the widening satisfaction gap between bricks-and-mortar and online sellers, and the fact that no company in the department and discount stores segment saw its score rise, the overall numbers are reasonably encouraging and in line with historical averages.
Which company took top honors?
Even though it lost some ground from last year, Nordstrom continues to top the department and discount stores segment and was one of only three companies in this sector, along with Dillard's and the Kroger -owned Fred Meyer superstore chain, to outscore the segment average of 77. Nordstrom did see its lead narrow, as its score dropped by 5% to 82, while Dillard's fell only 1% to 80.
The bottom of the chart is notable because Wal-Mart and Sears continue to drop while Macy's saw its numbers fall from a solid 79 in 2014 to a third-from-the-bottom 73 in 2015. That's an 8% drop, which inched out Target 's 6% fall for the biggest plunge of the year.
Source: ACSI
Going behind the numbers
Even though the segment saw its average scores drop by nearly 4%, people were pleased in a number of areas. Specifically, customers of department and discount stores gave them their highest mark for convenience of locations and hours (84). Shoppers were also happy with sales and promotions (80), as well as variety and selection of merchandise (79), according to ACSI.
Internet retailers do better when it comes to selection, with a score of 84, but brick-and-mortar chains have raised customers' satisfaction with their own online stores to a 78.
On the negative side, consumers are less happy with their dealings with call centers (75), and their opinions about store layout and cleanliness show there's room for improvement (75). But what people are least-satisfied with is the speed of the checkout process: On that, the retailers scored only a 70.
This is a warning bell
Even though numbers for the entire segment remain near historic averages, every company on the list above -- even Nordstrom and Dillard's -- should take note that their scores dropped. Clearly, the companies at the bottom of the list have a lot of work to do, but even the ones at the top are not just competing within their segment -- they must also fight off higher-scoring online retailers.
In many ways, shopping in a store is usually less pleasant than shopping online. You have to get there, park, deal with other people, wait in lines, and more. If physical retailers want to remain viable, and not just an option for when people don't want to wait for shipping, then they'll have to work to bring customer satisfaction back up. Failure to do that would likely drive more people online and make topping their category in this survey as irrelevant as being the most popular dial-up Internet service.
A secret billion-dollar stock opportunity
The world's biggest tech company forgot to show you something, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early in-the-know investors! To be one of them, just click here .
The article Can You Guess Which Department or Discount Store Ranks Highest in Customer Satisfaction? originally appeared on Fool.com.
Daniel Kline has no position in any stocks mentioned. He generally prefers shopping online . The Motley Fool recommends Nordstrom. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy .
Copyright © 1995 - 2016 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Despite the widening satisfaction gap between bricks-and-mortar and online sellers, and the fact that no company in the department and discount stores segment saw its score rise, the overall numbers are reasonably encouraging and in line with historical averages. On the negative side, consumers are less happy with their dealings with call centers (75), and their opinions about store layout and cleanliness show there's room for improvement (75). This is a warning bell Even though numbers for the entire segment remain near historic averages, every company on the list above -- even Nordstrom and Dillard's -- should take note that their scores dropped.
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ACSI's Retail Report 2015 shows that only two years after customer satisfaction with the retail segment reached an all-time high, with an ACSI index score of 77.9, satisfaction fell for a second consecutive year, sliding 2.6% to 74.8 on the 100-point scale. But while scores have fallen, they still stand 0.2 points above the long-term average for the sector, which is broken down into six sub-segments: department and discount stores, gas stations, drug stores, specialty retail stores, supermarkets, and online retail. Even though it lost some ground from last year, Nordstrom continues to top the department and discount stores segment and was one of only three companies in this sector, along with Dillard's and the Kroger -owned Fred Meyer superstore chain, to outscore the segment average of 77.
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ACSI's Retail Report 2015 shows that only two years after customer satisfaction with the retail segment reached an all-time high, with an ACSI index score of 77.9, satisfaction fell for a second consecutive year, sliding 2.6% to 74.8 on the 100-point scale. But while scores have fallen, they still stand 0.2 points above the long-term average for the sector, which is broken down into six sub-segments: department and discount stores, gas stations, drug stores, specialty retail stores, supermarkets, and online retail. Despite the widening satisfaction gap between bricks-and-mortar and online sellers, and the fact that no company in the department and discount stores segment saw its score rise, the overall numbers are reasonably encouraging and in line with historical averages.
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ACSI's Retail Report 2015 shows that only two years after customer satisfaction with the retail segment reached an all-time high, with an ACSI index score of 77.9, satisfaction fell for a second consecutive year, sliding 2.6% to 74.8 on the 100-point scale. Even though it lost some ground from last year, Nordstrom continues to top the department and discount stores segment and was one of only three companies in this sector, along with Dillard's and the Kroger -owned Fred Meyer superstore chain, to outscore the segment average of 77. Internet retailers do better when it comes to selection, with a score of 84, but brick-and-mortar chains have raised customers' satisfaction with their own online stores to a 78.
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2c30920a-3b8f-464a-90be-b3ee1b3a9e66
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719926.0
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2016-03-04 00:00:00 UTC
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Why Dillard's Inc. Climbed 19% Last Month
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DDS
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https://www.nasdaq.com/articles/why-dillards-inc-climbed-19-last-month-2016-03-04
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nan
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nan
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What: Shares of Dillard's popped 19% last month, according to S&P Global Research Intelligence , following a seemingly weak fourth-quarter earnings report.
As the chart below shows, the stock jumped on Feb. 23 after the earnings release, and continued to move higher from there.
DDS data by YCharts .
So what: The department-store chain missed earnings estimates, posting an adjusted per-share profit of $2.25, below the consensus at $2.55. Revenue, meanwhile, fell 2.5% to $2.07 billion, and comparable sales also dipped 2%. Under ordinary standards, this was a disappointing report, but Dillard's is operating in an industry that was hit particularly hard last year. Macy's , the department-store industry leader, saw comparable sales fall 4.3% over the holiday quarter and announced 40 store closures while Kohl's reported a 20% drop in profits and said it would close 18 stores.
Against that backdrop, Dillard's performance was perhaps better than expected as the company saw strong growth in home and furniture and ladies' accessories and lingerie. Additionally, Dillard's completed a $500 million share repurchase program, buying back that amount during 2015, enough to reduce shares outstanding by 13% and push earnings significantly higher. Dillard's board of directors also authorized an additional $500 million repurchase program later that week. The company is likely to act just as aggressively in repurchasing shares this year with the stock trading at a P/E of 12. A buyback of that amount would reduce shares outstanding by approximately 16%.
Now what: Dillard's did not issue guidance for the coming year, but analysts expect a modest increase in earnings per share alongside a 2.6% decline in revenue. It also plans to open three new stores and close one, roughly maintaining its store count of 273. Looking ahead, the buyback program should do its part to help buttress the stock price, but the industry and Dillard's itself will continue to be challenged.
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The article Why Dillard's Inc. Climbed 19% Last Month originally appeared on Fool.com.
Jeremy Bowman has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy .
Copyright © 1995 - 2016 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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DDS data by YCharts . What: Shares of Dillard's popped 19% last month, according to S&P Global Research Intelligence , following a seemingly weak fourth-quarter earnings report. Against that backdrop, Dillard's performance was perhaps better than expected as the company saw strong growth in home and furniture and ladies' accessories and lingerie.
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DDS data by YCharts . Additionally, Dillard's completed a $500 million share repurchase program, buying back that amount during 2015, enough to reduce shares outstanding by 13% and push earnings significantly higher. Dillard's board of directors also authorized an additional $500 million repurchase program later that week.
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DDS data by YCharts . Macy's , the department-store industry leader, saw comparable sales fall 4.3% over the holiday quarter and announced 40 store closures while Kohl's reported a 20% drop in profits and said it would close 18 stores. Additionally, Dillard's completed a $500 million share repurchase program, buying back that amount during 2015, enough to reduce shares outstanding by 13% and push earnings significantly higher.
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DDS data by YCharts . Macy's , the department-store industry leader, saw comparable sales fall 4.3% over the holiday quarter and announced 40 store closures while Kohl's reported a 20% drop in profits and said it would close 18 stores. Additionally, Dillard's completed a $500 million share repurchase program, buying back that amount during 2015, enough to reduce shares outstanding by 13% and push earnings significantly higher.
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67c0e3b9-07d4-4349-a60f-688306820b62
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719927.0
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2016-03-03 00:00:00 UTC
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Nordstrom Furthers Expansion with Memphi's 1st Rack Store
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DDS
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https://www.nasdaq.com/articles/nordstrom-furthers-expansion-with-memphis-1st-rack-store-2016-03-03
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nan
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nan
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Nordstrom Inc.JWN took another step toward expansion with plans to introduce a Rack store in Tennessee.
Spanning 33,000 square feet, the new Rack store will be positioned at Poplar Commons in Memphis, marking the city's first Rack store. Further, the store is slated to open doors in the fall of 2017, marking Nordstrom's second Rack and third store in the country.
The new Rack store will be situated in a leased property by Seritage Growth Properties, which is in the process of constructing a 135,000-square-foot shopping mall, replacing a Sears building. Located in east Memphis, at the crossroads of Poplar Avenue and Perkins, the new center, Poplar Commons will also house many specialty retailers like Macy's, Inc. M , Dillard's Inc. DDS and Target Corp. TGT among others, along with various renowned restaurants.
Nordstrom Rack, being the off-price retail segment of the company, offers fashion-savvy customers a wide range of on-trend apparel, footwear and other accessories at discounted prices. These Racks usually keep items from the main Nordstrom stores and its online store, Nordstrom.com. Alongside, these stores stack products from other major brands sold by the company.
However, the Zacks Rank #5 (Strong Sell) company recently posted dismal fourth-quarter fiscal 2015 results, wherein both the top and bottom lines lagged expectations and earnings also plunged year over year. Results were impacted by a tough holiday season, heavy discounts and unseasonably warm weather.
Further, the company issued a bleak earnings outlook for fiscal 2016, as it expects the first half to be impacted by the sale of credit receivables in Oct 2015, the unfavorable shift of the Anniversary sale event and costs related to various growth initiatives.
Nonetheless, Nordstrom's strategic investments should help it deliver sustainable profitable growth over the long term. Also, the company's strong brand image and continuous store expansion endeavors remain driving factors.
Nordstrom's focus on store expansion is evident from the series of Rack store openings over the last couple of years. Its latest store openings signify the company's commitment toward strengthening its network with an aim to drive top-line growth.
The company currently operates 323 outlets across 39 U.S. States and Canada, including 121 full-line stores, 2 Jeffrey boutiques, 194 Nordstrom Racks and 1 clearance store.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
NORDSTROM INC (JWN): Free Stock Analysis Report
TARGET CORP (TGT): Free Stock Analysis Report
MACYS INC (M): Free Stock Analysis Report
DILLARDS INC-A (DDS): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Located in east Memphis, at the crossroads of Poplar Avenue and Perkins, the new center, Poplar Commons will also house many specialty retailers like Macy's, Inc. M , Dillard's Inc. DDS and Target Corp. TGT among others, along with various renowned restaurants. Click to get this free report NORDSTROM INC (JWN): Free Stock Analysis Report TARGET CORP (TGT): Free Stock Analysis Report MACYS INC (M): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Nordstrom Rack, being the off-price retail segment of the company, offers fashion-savvy customers a wide range of on-trend apparel, footwear and other accessories at discounted prices.
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Click to get this free report NORDSTROM INC (JWN): Free Stock Analysis Report TARGET CORP (TGT): Free Stock Analysis Report MACYS INC (M): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Located in east Memphis, at the crossroads of Poplar Avenue and Perkins, the new center, Poplar Commons will also house many specialty retailers like Macy's, Inc. M , Dillard's Inc. DDS and Target Corp. TGT among others, along with various renowned restaurants. Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research?
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Click to get this free report NORDSTROM INC (JWN): Free Stock Analysis Report TARGET CORP (TGT): Free Stock Analysis Report MACYS INC (M): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Located in east Memphis, at the crossroads of Poplar Avenue and Perkins, the new center, Poplar Commons will also house many specialty retailers like Macy's, Inc. M , Dillard's Inc. DDS and Target Corp. TGT among others, along with various renowned restaurants. Nordstrom's focus on store expansion is evident from the series of Rack store openings over the last couple of years.
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Located in east Memphis, at the crossroads of Poplar Avenue and Perkins, the new center, Poplar Commons will also house many specialty retailers like Macy's, Inc. M , Dillard's Inc. DDS and Target Corp. TGT among others, along with various renowned restaurants. Click to get this free report NORDSTROM INC (JWN): Free Stock Analysis Report TARGET CORP (TGT): Free Stock Analysis Report MACYS INC (M): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. These Racks usually keep items from the main Nordstrom stores and its online store, Nordstrom.com.
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4a91fc16-09b9-4fc2-8963-55ad984c08dd
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719928.0
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2016-02-25 00:00:00 UTC
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Notable ETF Outflow Detected - FXD, FOSL, DDS, DKS
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DDS
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https://www.nasdaq.com/articles/notable-etf-outflow-detected-fxd-fosl-dds-dks-2016-02-25
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nan
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nan
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Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the First Trust Consumer Discretionary AlphaDEX Fund (Symbol: FXD) where we have detected an approximate $100.6 million dollar outflow -- that's a 5.2% decrease week over week (from 60,000,002 to 56,900,002). Among the largest underlying components of FXD, in trading today Fossil Group Inc (Symbol: FOSL) is off about 0.7%, Dillard's Inc. (Symbol: DDS) is up about 0.2%, and Dick's Sporting Goods, Inc (Symbol: DKS) is lower by about 0.3%. For a complete list of holdings, visit the FXD Holdings page » The chart below shows the one year price performance of FXD, versus its 200 day moving average:
Looking at the chart above, FXD's low point in its 52 week range is $19.08 per share, with $37.92 as the 52 week high point - that compares with a last trade of $32.64. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » .
Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.
Click here to find out which 9 other ETFs experienced notable outflows »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Among the largest underlying components of FXD, in trading today Fossil Group Inc (Symbol: FOSL) is off about 0.7%, Dillard's Inc. (Symbol: DDS) is up about 0.2%, and Dick's Sporting Goods, Inc (Symbol: DKS) is lower by about 0.3%. Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the First Trust Consumer Discretionary AlphaDEX Fund (Symbol: FXD) where we have detected an approximate $100.6 million dollar outflow -- that's a 5.2% decrease week over week (from 60,000,002 to 56,900,002). These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand.
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Among the largest underlying components of FXD, in trading today Fossil Group Inc (Symbol: FOSL) is off about 0.7%, Dillard's Inc. (Symbol: DDS) is up about 0.2%, and Dick's Sporting Goods, Inc (Symbol: DKS) is lower by about 0.3%. For a complete list of holdings, visit the FXD Holdings page » The chart below shows the one year price performance of FXD, versus its 200 day moving average: Looking at the chart above, FXD's low point in its 52 week range is $19.08 per share, with $37.92 as the 52 week high point - that compares with a last trade of $32.64. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed).
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Among the largest underlying components of FXD, in trading today Fossil Group Inc (Symbol: FOSL) is off about 0.7%, Dillard's Inc. (Symbol: DDS) is up about 0.2%, and Dick's Sporting Goods, Inc (Symbol: DKS) is lower by about 0.3%. Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the First Trust Consumer Discretionary AlphaDEX Fund (Symbol: FXD) where we have detected an approximate $100.6 million dollar outflow -- that's a 5.2% decrease week over week (from 60,000,002 to 56,900,002). For a complete list of holdings, visit the FXD Holdings page » The chart below shows the one year price performance of FXD, versus its 200 day moving average: Looking at the chart above, FXD's low point in its 52 week range is $19.08 per share, with $37.92 as the 52 week high point - that compares with a last trade of $32.64.
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Among the largest underlying components of FXD, in trading today Fossil Group Inc (Symbol: FOSL) is off about 0.7%, Dillard's Inc. (Symbol: DDS) is up about 0.2%, and Dick's Sporting Goods, Inc (Symbol: DKS) is lower by about 0.3%. Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the First Trust Consumer Discretionary AlphaDEX Fund (Symbol: FXD) where we have detected an approximate $100.6 million dollar outflow -- that's a 5.2% decrease week over week (from 60,000,002 to 56,900,002). For a complete list of holdings, visit the FXD Holdings page » The chart below shows the one year price performance of FXD, versus its 200 day moving average: Looking at the chart above, FXD's low point in its 52 week range is $19.08 per share, with $37.92 as the 52 week high point - that compares with a last trade of $32.64.
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a40c9e90-c397-41ad-b15e-0de5a4969dce
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719929.0
|
2016-02-23 00:00:00 UTC
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Dillard's (DDS) Q4 Earnings Miss Estimates on Soft Sales
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DDS
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https://www.nasdaq.com/articles/dillards-dds-q4-earnings-miss-estimates-on-soft-sales-2016-02-23
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nan
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nan
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Dillard's Inc.DDS reported fourth-quarter fiscal 20Array5 adjusted earnings of $2.25 per share that missed the Zacks Consensus Estimate of $2.55 and plunged 39.4% on a year-over-year basis. Including a one-time gain related to the sale of a store location, earnings came in at $2.3Array per share, down 27.Array% from the prior-year quarter.
Dillard's Inc. (DDS) Street Actual & Estimate EPS - Last 5 Quarters | FindTheCompany
Dillard's total revenue (including service charges and other income) of $2,ArrayArray7.4 million slipped 2.9% from the year-ago quarter but was ahead of the Zacks Consensus Estimate of $2,088 million.
Dillard's net sales (including CDI Contractors LLC or CDI) dipped 2.9% year over year to $2,073.7 million in the reported quarter. Merchandise sales, excluding CDI, fell 2.3% to roughly $2,02Array million. Merchandise comparable-store sales for the Array3-week period ended Jan 30, 20Array6 dropped 2% from the comparable period ended Jan 3Array, 20Array5.
During the reported quarter, the outperforming categories were home and furniture that succeeded ladies' accessories and lingerie. In contrast, the juniors' and children's apparel and shoes categories remained quite weak. The best performing region was Western, trailed by the Eastern and Central areas, respectively.
Consolidated gross margin contracted 3Array8 basis points (bps), while gross margin from retail operations (excluding CDI) contracted 344 bps. The fall came on the back of higher markdowns in the quarter in order to compensate for the soft sales performance. Inventory remained flat year over year.
Dillard's selling, general and administrative (SG&A) expenses (as a percentage of sales) escalated 30 bps to 2Array.7%. In dollar terms, however, SG&A expenses declined Array.8% to $449.4 million driven by increased savings in supplies, advertising and payroll expenses.
Financial Details
Dillard's ended fiscal 20Array5 with cash and cash equivalents of $202.9 million, long-term debt and capital leases standing (excluding current portions) at $622.Array million, and total shareholders' equity of $Array,795.3 million.
During the fiscal year, the company generated net cash flow from operations of $450.2 million.
During the fourth quarter, Dillard's bought back Array.6 million shares for $ArrayArray7.5 million, bringing the total share repurchases for fiscal 20Array5 to 5.3 million shares for $500 million. Further, this marked the completion of the company's share repurchase program worth $500 million.
Store Update
In fiscal 20Array5, the company opened three new stores and shuttered two clearance stores. The new stores included a 200,000-square-foot store at Fashion Place in Murray, UT; a Array55,000-square-foot store at Liberty Center in Cincinnati, OH; and a Array26,000-square-foot store at Fremaux Town Center in Slidell, LA.
Additionally, the company announced the closure of its Aiken Mall location in Aiken, SC, which is scheduled for the first quarter of 20Array6.
As of Jan 30, 20Array6, Dillard's had about 273 namesake outlets and 24 clearance centers operating in 29 states, as well as an online store at www.dillards.com. Dillard's total square footage, as of the end of the fiscal year, was 50.Array million.
Zacks Rank
Currently, Dillard's carries a Zacks Rank #3 (Hold). Better-ranked stocks in the retail sector include DSW Inc. DSW , Foot Locker Inc. FL and Zumiez Inc. ZUMZ , each with a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >>
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ZUMIEZ INC (ZUMZ): Free Stock Analysis Report
FOOT LOCKER INC (FL): Free Stock Analysis Report
DSW INC CL-A (DSW): Free Stock Analysis Report
DILLARDS INC-A (DDS): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Dillard's Inc.DDS reported fourth-quarter fiscal 20Array5 adjusted earnings of $2.25 per share that missed the Zacks Consensus Estimate of $2.55 and plunged 39.4% on a year-over-year basis. Dillard's Inc. (DDS) Street Actual & Estimate EPS - Last 5 Quarters | FindTheCompany Dillard's total revenue (including service charges and other income) of $2,ArrayArray7.4 million slipped 2.9% from the year-ago quarter but was ahead of the Zacks Consensus Estimate of $2,088 million. Click to get this free report ZUMIEZ INC (ZUMZ): Free Stock Analysis Report FOOT LOCKER INC (FL): Free Stock Analysis Report DSW INC CL-A (DSW): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report To read this article on Zacks.com click here.
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Click to get this free report ZUMIEZ INC (ZUMZ): Free Stock Analysis Report FOOT LOCKER INC (FL): Free Stock Analysis Report DSW INC CL-A (DSW): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's Inc.DDS reported fourth-quarter fiscal 20Array5 adjusted earnings of $2.25 per share that missed the Zacks Consensus Estimate of $2.55 and plunged 39.4% on a year-over-year basis. Dillard's Inc. (DDS) Street Actual & Estimate EPS - Last 5 Quarters | FindTheCompany Dillard's total revenue (including service charges and other income) of $2,ArrayArray7.4 million slipped 2.9% from the year-ago quarter but was ahead of the Zacks Consensus Estimate of $2,088 million.
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Dillard's Inc. (DDS) Street Actual & Estimate EPS - Last 5 Quarters | FindTheCompany Dillard's total revenue (including service charges and other income) of $2,ArrayArray7.4 million slipped 2.9% from the year-ago quarter but was ahead of the Zacks Consensus Estimate of $2,088 million. Click to get this free report ZUMIEZ INC (ZUMZ): Free Stock Analysis Report FOOT LOCKER INC (FL): Free Stock Analysis Report DSW INC CL-A (DSW): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's Inc.DDS reported fourth-quarter fiscal 20Array5 adjusted earnings of $2.25 per share that missed the Zacks Consensus Estimate of $2.55 and plunged 39.4% on a year-over-year basis.
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Click to get this free report ZUMIEZ INC (ZUMZ): Free Stock Analysis Report FOOT LOCKER INC (FL): Free Stock Analysis Report DSW INC CL-A (DSW): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's Inc.DDS reported fourth-quarter fiscal 20Array5 adjusted earnings of $2.25 per share that missed the Zacks Consensus Estimate of $2.55 and plunged 39.4% on a year-over-year basis. Dillard's Inc. (DDS) Street Actual & Estimate EPS - Last 5 Quarters | FindTheCompany Dillard's total revenue (including service charges and other income) of $2,ArrayArray7.4 million slipped 2.9% from the year-ago quarter but was ahead of the Zacks Consensus Estimate of $2,088 million.
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f8426a10-f416-4e74-9ca1-e03f51d11bac
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719930.0
|
2016-02-23 00:00:00 UTC
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Tuesday Sector Leaders: Department Stores, Auto Dealerships
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DDS
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https://www.nasdaq.com/articles/tuesday-sector-leaders-department-stores-auto-dealerships-2016-02-23
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nan
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nan
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In trading on Tuesday, department stores shares were relative leaders, up on the day by about 1%. Leading the group were shares of Dillards ( DDS ), up about 8.9% and shares of Macy's ( M ) up about 5.9% on the day.
Also showing relative strength are auto dealerships shares, up on the day by about 1% as a group, led by Sonic Automotive ( SAH ), trading higher by about 6.8% and Americas Car Mart ( CRMT ), trading higher by about 2.8% on Tuesday.
VIDEO: Tuesday Sector Leaders: Department Stores, Auto Dealerships
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Leading the group were shares of Dillards ( DDS ), up about 8.9% and shares of Macy's ( M ) up about 5.9% on the day. In trading on Tuesday, department stores shares were relative leaders, up on the day by about 1%. Also showing relative strength are auto dealerships shares, up on the day by about 1% as a group, led by Sonic Automotive ( SAH ), trading higher by about 6.8% and Americas Car Mart ( CRMT ), trading higher by about 2.8% on Tuesday.
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Leading the group were shares of Dillards ( DDS ), up about 8.9% and shares of Macy's ( M ) up about 5.9% on the day. In trading on Tuesday, department stores shares were relative leaders, up on the day by about 1%. VIDEO: Tuesday Sector Leaders: Department Stores, Auto Dealerships The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Leading the group were shares of Dillards ( DDS ), up about 8.9% and shares of Macy's ( M ) up about 5.9% on the day. Also showing relative strength are auto dealerships shares, up on the day by about 1% as a group, led by Sonic Automotive ( SAH ), trading higher by about 6.8% and Americas Car Mart ( CRMT ), trading higher by about 2.8% on Tuesday. VIDEO: Tuesday Sector Leaders: Department Stores, Auto Dealerships The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Leading the group were shares of Dillards ( DDS ), up about 8.9% and shares of Macy's ( M ) up about 5.9% on the day. In trading on Tuesday, department stores shares were relative leaders, up on the day by about 1%. VIDEO: Tuesday Sector Leaders: Department Stores, Auto Dealerships The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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39f83b3a-0057-407e-8ef0-dc4b3b2f8ab3
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719931.0
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2016-02-18 00:00:00 UTC
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Will Dillard's (DDS) Repeat its Dismal Earnings Trend in Q4?
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DDS
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https://www.nasdaq.com/articles/will-dillards-dds-repeat-its-dismal-earnings-trend-in-q4-2016-02-18
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nan
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nan
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Dillard's Inc.DDS is expected to report fourth-quarter fiscal 20Array5 results on Feb 22. In the last quarter, the company delivered a negative earnings surprise of Array0.4%. Let's see how things are shaping up for this announcement.
Factors Influencing this Quarter
Dillard's dismal performance trend was reflected in its third-quarter fiscal 20Array5 results as both the top and bottom lines declined year over year and fell short of expectations. We note that Dillard's bottom line has underperformed the Zacks Consensus Estimate by an average of 3.4% over the past 4 quarters, delivering a miss in 3 of these. Moreover, management's guidance for fiscal 20Array5 indicates significant cost pressures, raising concerns about the company's prospects.
While these factors keep us cautious of the upcoming results, we remain impressed with the company's focus on increasing productivity at existing stores, developing a leading omni-channel platform and enhancing its domestic operations to support future results. Consequently, we would prefer to wait and see what's in store for Dilliard's in the quarter to be reported.
Earnings Whispers
Our proven model does not conclusively show that Dillard's is likely to beat earnings this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #Array, 2 or 3 for this to happen. This is not the case here, as you will see below:
Zacks ESP: Earnings ESP for Dillard's is currently pegged at 0.00%. This is because the Most Accurate estimate and the Zacks Consensus Estimate both stand at $2.55.
Zacks Rank: Dillard's currently carries a Zacks Rank #3 (Hold), which increases the predictive power of ESP. However, the company's ESP of 0.00% makes surprise prediction difficult.
We caution against stocks with a Zacks Rank #4 or 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions.
Stocks that Warrant a Look
Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat this quarter:
Foot Locker Inc. FL has an Earnings ESP of +Array.79% and a Zacks Rank #2 (Buy).
Target Corp. TGT has an Earnings ESP of +0.65% and a Zacks Rank #2.
Avis Budget Group Inc. CAR has an Earnings ESP of +Array5.00% and a Zacks Rank #3.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
AVIS BUDGET GRP (CAR): Free Stock Analysis Report
FOOT LOCKER INC (FL): Free Stock Analysis Report
TARGET CORP (TGT): Free Stock Analysis Report
DILLARDS INC-A (DDS): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Dillard's Inc.DDS is expected to report fourth-quarter fiscal 20Array5 results on Feb 22. Click to get this free report AVIS BUDGET GRP (CAR): Free Stock Analysis Report FOOT LOCKER INC (FL): Free Stock Analysis Report TARGET CORP (TGT): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. We note that Dillard's bottom line has underperformed the Zacks Consensus Estimate by an average of 3.4% over the past 4 quarters, delivering a miss in 3 of these.
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Click to get this free report AVIS BUDGET GRP (CAR): Free Stock Analysis Report FOOT LOCKER INC (FL): Free Stock Analysis Report TARGET CORP (TGT): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's Inc.DDS is expected to report fourth-quarter fiscal 20Array5 results on Feb 22. Stocks that Warrant a Look Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat this quarter: Foot Locker Inc. FL has an Earnings ESP of +Array.79% and a Zacks Rank #2 (Buy).
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Click to get this free report AVIS BUDGET GRP (CAR): Free Stock Analysis Report FOOT LOCKER INC (FL): Free Stock Analysis Report TARGET CORP (TGT): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's Inc.DDS is expected to report fourth-quarter fiscal 20Array5 results on Feb 22. We caution against stocks with a Zacks Rank #4 or 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions.
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Click to get this free report AVIS BUDGET GRP (CAR): Free Stock Analysis Report FOOT LOCKER INC (FL): Free Stock Analysis Report TARGET CORP (TGT): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's Inc.DDS is expected to report fourth-quarter fiscal 20Array5 results on Feb 22. We caution against stocks with a Zacks Rank #4 or 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions.
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4b2b98b8-aa8d-41db-8007-56eed3183f38
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719932.0
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2016-02-17 00:00:00 UTC
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Noteworthy ETF Outflows: FXD, DKS, DDS, DSW
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DDS
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https://www.nasdaq.com/articles/noteworthy-etf-outflows-fxd-dks-dds-dsw-2016-02-17
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nan
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nan
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Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the First Trust Consumer Discretionary AlphaDEX Fund (Symbol: FXD) where we have detected an approximate $123.6 million dollar outflow -- that's a 6.3% decrease week over week (from 64,050,002 to 60,000,002). Among the largest underlying components of FXD, in trading today Dick's Sporting Goods, Inc (Symbol: DKS) is up about 2.4%, Dillard's Inc. (Symbol: DDS) is up about 3.3%, and DSW Inc (Symbol: DSW) is up by about 5.8%. For a complete list of holdings, visit the FXD Holdings page » The chart below shows the one year price performance of FXD, versus its 200 day moving average:
Looking at the chart above, FXD's low point in its 52 week range is $19.08 per share, with $37.92 as the 52 week high point - that compares with a last trade of $32.13. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » .
Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.
Click here to find out which 9 other ETFs experienced notable outflows »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Among the largest underlying components of FXD, in trading today Dick's Sporting Goods, Inc (Symbol: DKS) is up about 2.4%, Dillard's Inc. (Symbol: DDS) is up about 3.3%, and DSW Inc (Symbol: DSW) is up by about 5.8%. Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the First Trust Consumer Discretionary AlphaDEX Fund (Symbol: FXD) where we have detected an approximate $123.6 million dollar outflow -- that's a 6.3% decrease week over week (from 64,050,002 to 60,000,002). These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand.
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Among the largest underlying components of FXD, in trading today Dick's Sporting Goods, Inc (Symbol: DKS) is up about 2.4%, Dillard's Inc. (Symbol: DDS) is up about 3.3%, and DSW Inc (Symbol: DSW) is up by about 5.8%. For a complete list of holdings, visit the FXD Holdings page » The chart below shows the one year price performance of FXD, versus its 200 day moving average: Looking at the chart above, FXD's low point in its 52 week range is $19.08 per share, with $37.92 as the 52 week high point - that compares with a last trade of $32.13. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed).
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Among the largest underlying components of FXD, in trading today Dick's Sporting Goods, Inc (Symbol: DKS) is up about 2.4%, Dillard's Inc. (Symbol: DDS) is up about 3.3%, and DSW Inc (Symbol: DSW) is up by about 5.8%. Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the First Trust Consumer Discretionary AlphaDEX Fund (Symbol: FXD) where we have detected an approximate $123.6 million dollar outflow -- that's a 6.3% decrease week over week (from 64,050,002 to 60,000,002). For a complete list of holdings, visit the FXD Holdings page » The chart below shows the one year price performance of FXD, versus its 200 day moving average: Looking at the chart above, FXD's low point in its 52 week range is $19.08 per share, with $37.92 as the 52 week high point - that compares with a last trade of $32.13.
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Among the largest underlying components of FXD, in trading today Dick's Sporting Goods, Inc (Symbol: DKS) is up about 2.4%, Dillard's Inc. (Symbol: DDS) is up about 3.3%, and DSW Inc (Symbol: DSW) is up by about 5.8%. Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the First Trust Consumer Discretionary AlphaDEX Fund (Symbol: FXD) where we have detected an approximate $123.6 million dollar outflow -- that's a 6.3% decrease week over week (from 64,050,002 to 60,000,002). For a complete list of holdings, visit the FXD Holdings page » The chart below shows the one year price performance of FXD, versus its 200 day moving average: Looking at the chart above, FXD's low point in its 52 week range is $19.08 per share, with $37.92 as the 52 week high point - that compares with a last trade of $32.13.
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0c8b7cb3-6362-4edc-a423-0103debfbc56
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719933.0
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2016-02-09 00:00:00 UTC
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First Trust Consumer Discretionary AlphaDEX Fund Experiences Big Inflow
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DDS
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https://www.nasdaq.com/articles/first-trust-consumer-discretionary-alphadex-fund-experiences-big-inflow-2016-02-09
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nan
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nan
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Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the First Trust Consumer Discretionary AlphaDEX Fund (Symbol: FXD) where we have detected an approximate $67.7 million dollar inflow -- that's a 3.6% increase week over week in outstanding units (from 61,800,002 to 64,050,002). Among the largest underlying components of FXD, in trading today Dick's Sporting Goods, Inc (Symbol: DKS) is down about 0.3%, Dillard's Inc. (Symbol: DDS) is up about 0.5%, and Dollar Tree, Inc. (Symbol: DLTR) is higher by about 0.5%. For a complete list of holdings, visit the FXD Holdings page » The chart below shows the one year price performance of FXD, versus its 200 day moving average:
Looking at the chart above, FXD's low point in its 52 week range is $19.08 per share, with $37.92 as the 52 week high point - that compares with a last trade of $30.10. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » .
Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.
Click here to find out which 9 other ETFs had notable inflows »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Among the largest underlying components of FXD, in trading today Dick's Sporting Goods, Inc (Symbol: DKS) is down about 0.3%, Dillard's Inc. (Symbol: DDS) is up about 0.5%, and Dollar Tree, Inc. (Symbol: DLTR) is higher by about 0.5%. Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the First Trust Consumer Discretionary AlphaDEX Fund (Symbol: FXD) where we have detected an approximate $67.7 million dollar inflow -- that's a 3.6% increase week over week in outstanding units (from 61,800,002 to 64,050,002). These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand.
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Among the largest underlying components of FXD, in trading today Dick's Sporting Goods, Inc (Symbol: DKS) is down about 0.3%, Dillard's Inc. (Symbol: DDS) is up about 0.5%, and Dollar Tree, Inc. (Symbol: DLTR) is higher by about 0.5%. For a complete list of holdings, visit the FXD Holdings page » The chart below shows the one year price performance of FXD, versus its 200 day moving average: Looking at the chart above, FXD's low point in its 52 week range is $19.08 per share, with $37.92 as the 52 week high point - that compares with a last trade of $30.10. Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''.
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Among the largest underlying components of FXD, in trading today Dick's Sporting Goods, Inc (Symbol: DKS) is down about 0.3%, Dillard's Inc. (Symbol: DDS) is up about 0.5%, and Dollar Tree, Inc. (Symbol: DLTR) is higher by about 0.5%. Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the First Trust Consumer Discretionary AlphaDEX Fund (Symbol: FXD) where we have detected an approximate $67.7 million dollar inflow -- that's a 3.6% increase week over week in outstanding units (from 61,800,002 to 64,050,002). For a complete list of holdings, visit the FXD Holdings page » The chart below shows the one year price performance of FXD, versus its 200 day moving average: Looking at the chart above, FXD's low point in its 52 week range is $19.08 per share, with $37.92 as the 52 week high point - that compares with a last trade of $30.10.
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Among the largest underlying components of FXD, in trading today Dick's Sporting Goods, Inc (Symbol: DKS) is down about 0.3%, Dillard's Inc. (Symbol: DDS) is up about 0.5%, and Dollar Tree, Inc. (Symbol: DLTR) is higher by about 0.5%. Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the First Trust Consumer Discretionary AlphaDEX Fund (Symbol: FXD) where we have detected an approximate $67.7 million dollar inflow -- that's a 3.6% increase week over week in outstanding units (from 61,800,002 to 64,050,002). For a complete list of holdings, visit the FXD Holdings page » The chart below shows the one year price performance of FXD, versus its 200 day moving average: Looking at the chart above, FXD's low point in its 52 week range is $19.08 per share, with $37.92 as the 52 week high point - that compares with a last trade of $30.10.
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4b512594-306b-483f-8510-dca933f1ca61
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719934.0
|
2016-01-28 00:00:00 UTC
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FXD, DKS, DDS, AAN: Large Outflows Detected at ETF
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DDS
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https://www.nasdaq.com/articles/fxd-dks-dds-aan-large-outflows-detected-etf-2016-01-28
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nan
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nan
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Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the First Trust Consumer Discretionary AlphaDEX Fund (Symbol: FXD) where we have detected an approximate $151.2 million dollar outflow -- that's a 7.1% decrease week over week (from 66,550,002 to 61,800,002). Among the largest underlying components of FXD, in trading today Dick's Sporting Goods, Inc (Symbol: DKS) is off about 0.6%, Dillard's Inc. (Symbol: DDS) is up about 0.2%, and Aaron's, Inc. (Symbol: AAN) is lower by about 0.8%. For a complete list of holdings, visit the FXD Holdings page » The chart below shows the one year price performance of FXD, versus its 200 day moving average:
Looking at the chart above, FXD's low point in its 52 week range is $19.08 per share, with $37.92 as the 52 week high point - that compares with a last trade of $31.32. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » .
Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.
Click here to find out which 9 other ETFs experienced notable outflows »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Among the largest underlying components of FXD, in trading today Dick's Sporting Goods, Inc (Symbol: DKS) is off about 0.6%, Dillard's Inc. (Symbol: DDS) is up about 0.2%, and Aaron's, Inc. (Symbol: AAN) is lower by about 0.8%. Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the First Trust Consumer Discretionary AlphaDEX Fund (Symbol: FXD) where we have detected an approximate $151.2 million dollar outflow -- that's a 7.1% decrease week over week (from 66,550,002 to 61,800,002). These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand.
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Among the largest underlying components of FXD, in trading today Dick's Sporting Goods, Inc (Symbol: DKS) is off about 0.6%, Dillard's Inc. (Symbol: DDS) is up about 0.2%, and Aaron's, Inc. (Symbol: AAN) is lower by about 0.8%. For a complete list of holdings, visit the FXD Holdings page » The chart below shows the one year price performance of FXD, versus its 200 day moving average: Looking at the chart above, FXD's low point in its 52 week range is $19.08 per share, with $37.92 as the 52 week high point - that compares with a last trade of $31.32. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed).
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Among the largest underlying components of FXD, in trading today Dick's Sporting Goods, Inc (Symbol: DKS) is off about 0.6%, Dillard's Inc. (Symbol: DDS) is up about 0.2%, and Aaron's, Inc. (Symbol: AAN) is lower by about 0.8%. Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the First Trust Consumer Discretionary AlphaDEX Fund (Symbol: FXD) where we have detected an approximate $151.2 million dollar outflow -- that's a 7.1% decrease week over week (from 66,550,002 to 61,800,002). For a complete list of holdings, visit the FXD Holdings page » The chart below shows the one year price performance of FXD, versus its 200 day moving average: Looking at the chart above, FXD's low point in its 52 week range is $19.08 per share, with $37.92 as the 52 week high point - that compares with a last trade of $31.32.
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Among the largest underlying components of FXD, in trading today Dick's Sporting Goods, Inc (Symbol: DKS) is off about 0.6%, Dillard's Inc. (Symbol: DDS) is up about 0.2%, and Aaron's, Inc. (Symbol: AAN) is lower by about 0.8%. For a complete list of holdings, visit the FXD Holdings page » The chart below shows the one year price performance of FXD, versus its 200 day moving average: Looking at the chart above, FXD's low point in its 52 week range is $19.08 per share, with $37.92 as the 52 week high point - that compares with a last trade of $31.32. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed).
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f361003e-ca91-4ff6-a2c2-ee61ba622471
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719935.0
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2016-01-16 00:00:00 UTC
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Why Nordstrom, Inc. Is Fairly Priced After Falling 40%
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DDS
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https://www.nasdaq.com/articles/why-nordstrom-inc-fairly-priced-after-falling-40-2016-01-16
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nan
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nan
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Despite a history of strong performance and exceptional returns on invested capital, high-end department-store operator Nordstrom has seen its shares ruthlessly sold off over the past three months. The company, a retail staple of America's upper middle class, was largely insulated from the economic travails that affected so many since 2008. Nordstrom's sales continued to march upward while numerous peers struggled. It has expanded into new markets via new store concepts like Nordstrom Rack. It planted the seeds for an expansion into Canada. All this happened while averaging a staggering 35% return on equity over the past five years.
Now, despite a 40% share price drop since its highs of summer 2015 and arguably a bright future ahead of it, Nordstrom is fairly valued. Here's why.
Price is what you pay; value is what you get
An investor needs to always be careful to not overpay for a business. A business can thrive, grow by leaps and bounds, and generate exceptional returns on capital, all while its shareholders make squat had they overpaid. Just ask shareholders of Microsoft , had they bought in at the height of the tech bubble:
MSFT data by YCharts.
Not only did it take a long time for Microsoft shareholders to get back to square one, but also sales and profits at Microsoft over the time period in question absolutely exploded. Revenue grew from just $22.96 billion in fiscal 2000 to $93.58 billion 15 years later, while profits rose to over $22 billion (excluding one-time charges) from $9.4 billion at the turn of the millennium. Microsoft continued to grow and adapt over those 15 years, all while shareholders went literally nowhere.
Why? Shares in Microsoft got ahead of themselves, it's as simple as that.
This also seems to have been the case with another Seattle-based company: none other than Nordstrom, which traded for an all-time high of $83 as recently as this summer. At its highs of summer 2015, it was trading hands for a healthy 23 times earnings. Not as crazy as Microsoft in its heyday, but definitely rich given the valuations of its peers and each retailer's earnings growth profile:
Source: S&P Capital IQ.
* No analyst estimates for FY 2020.
The first thing the reader probably noticed was the absolute carnage that visited the department-store retail sector. Both Dillard's and Macy's half fallen by half from their 52-week highs, and both Macy's and Dillard's now support much more reasonable valuations.
That aside, Nordstrom both traded for, and continues to trade at, a hefty premium to its peers. One begins all the more to realize that Nordstrom certainly got ahead of itself at its highs when comparing its valuation to the entire S&P 500, which currently has a P/E of just over 20. Nordstrom's earnings growth going forward just isn't strong enough to warrant a meaningful premium to its peers or the broader market at large.
Foolish takeaway
Am I saying current Nordstrom shareholders should sell out of their stakes, or that those who believe in Nordstrom's future shouldn't buy a few shares? Not at all. Nordstrom has a great brand and exceptional returns on equity, and it continues to invest in new initiatives that will drive its success for years to come. All I'm trying to convey is that investors shouldn't expect to make a killing on their Nordstrom shares. After falling 40% from its highs, this one is a stock that the market is getting right.
The next billion-dollar iSecret
The world's biggest tech company forgot to show you something at its recent event, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early in-the-know investors! To be one of them, just click here .
The article Why Nordstrom, Inc. Is Fairly Priced After Falling 40% originally appeared on Fool.com.
Sean O'Reilly has no position in any stocks mentioned. The Motley Fool recommends Nordstrom. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy .
Copyright © 1995 - 2016 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Despite a history of strong performance and exceptional returns on invested capital, high-end department-store operator Nordstrom has seen its shares ruthlessly sold off over the past three months. A business can thrive, grow by leaps and bounds, and generate exceptional returns on capital, all while its shareholders make squat had they overpaid. Nordstrom has a great brand and exceptional returns on equity, and it continues to invest in new initiatives that will drive its success for years to come.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Despite a history of strong performance and exceptional returns on invested capital, high-end department-store operator Nordstrom has seen its shares ruthlessly sold off over the past three months.
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Despite a history of strong performance and exceptional returns on invested capital, high-end department-store operator Nordstrom has seen its shares ruthlessly sold off over the past three months. Now, despite a 40% share price drop since its highs of summer 2015 and arguably a bright future ahead of it, Nordstrom is fairly valued. Foolish takeaway Am I saying current Nordstrom shareholders should sell out of their stakes, or that those who believe in Nordstrom's future shouldn't buy a few shares?
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Now, despite a 40% share price drop since its highs of summer 2015 and arguably a bright future ahead of it, Nordstrom is fairly valued. Microsoft continued to grow and adapt over those 15 years, all while shareholders went literally nowhere. After falling 40% from its highs, this one is a stock that the market is getting right.
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d820fabf-2546-470b-89ec-a5d6fb69226f
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719936.0
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2016-01-08 00:00:00 UTC
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The Zacks Analyst Blog Highlights: Macy's, Dillard's, Buckle, Urban Outfitters and Gap
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DDS
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https://www.nasdaq.com/articles/the-zacks-analyst-blog-highlights%3A-macys-dillards-buckle-urban-outfitters-and-gap-2016-01
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nan
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nan
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For Immediate Release
Chicago, IL - January 08, 2016 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Macy's Inc. ( M ), Dillard's Inc. ( DDS ), Buckle, Inc. ( BKE ), Urban Outfitters Inc. ( URBN ) and Gap, Inc. ( GPS ).
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free .
Here are highlights from Thursday's Analyst Blog:
Stocks to Watch as Warm Winter Burns Macy's
Unseasonably warm weather and lower spending by international tourists due to a stronger dollar dampened the performance of department-store chain, Macy's Inc. ( M ) during the holiday season. This period is crucial for any retailer as it accounts for a sizeable chunk of yearly revenues and profits. Macy's sluggish performance must not be taken lightly as it signals toward similar issues that other retailers might also have battled with.
Disappointing holiday sales prompted Macy's to trim its earnings forecast and undertake cost containment initiatives, involving headcount reduction and store closures to better withstand competitive pressure from both brick-and-mortar discount stores and online retailers.
Dismal Holiday Sales Results
Macy's informed that comparable sales on an owned plus licensed basis fell 4.7% in the combined November/December period of 2015, while on an owned basis, comparable sales declined 5.2% over the same period. Management hinted that roughly 80% of the decline in comparable sale was due to weak demand for cold-weather goods such as coats, sweaters, boots, hats, gloves and scarves. However, the only bright spot was the digital business that registered an increase of 25% in sales, meeting 17 million online orders at macys.com and bloomingdales.com.
Guidance Slashed
In response to its subdued holiday season performance and not anticipating any turnaround in sales trend during this month, Macy's now expects fourth-quarter fiscal 2015 comparable sales on an owned plus licensed basis to decline approximately 4.7%. For the fiscal year, management envisions a decrease of 2.7% in comparable sales on an owned plus licensed basis. On an owned basis, fourth-quarter comparable sales are expected to contract roughly 50 basis points more than owned plus licensed basis.
Earlier, this Zacks Rank #3 (Hold) company anticipated comparable sales on an owned plus licensed basis to fall 2%-3% for the final quarter, and between 1.8% and 2.2% for fiscal 2015.
For fiscal 2015, management now envisions earnings in the band of $3.85-$3.90 per share, down from $4.20-$4.30 projected earlier. For the fourth quarter, earnings are expected in the band of $2.18-$2.23 per share, down from the previous estimate of $2.54-$2.64. The current Zacks Consensus Estimate for the final quarter and fiscal 2015 now stands at $2.54 per share and $4.24 per share, respectively, and could witness a downward revision in the coming days.
Strategic Measures
In order to become more cost effective and enhance productivity, management has undertaken a series of strategic measures. These will help the company to put itself back on the growth trajectory and gain market share. Macy's aims at generating annual SG&A savings of nearly $400 million in 2016 through extensive restructuring comprising store closures and job cuts.
Amid soft holiday sales, Macy's listed 40 stores from 770 outlets to be closed, of which 4 were closed last year and 36 will be closed in early spring 2016. These stores account for about $375 million in annual sales. The company now remains focused on opening stores at locations from where it can serve its patrons better.
The company plans to consolidate existing Macy's stores into 5 regions and 47 local districts, and will lower the current Macy's credit and customer services center facilities to 3 from 4. Management intends to conduct 3,000 layoffs at Macy's and Bloomingdale's stores, and slash 165 executive positions and 600 positions in the back office. However, the company plans to move some of its associates, whose jobs would be affected, to other positions.
Management had earlier highlighted that the company has undertaken initiatives - Macy's Backstage off-price business, the launch of new Plenti loyalty rewards program, the introduction of the new Thalia Sodi private brand, and expansion of Bluemercury - to augment sales and profitability. The company has been taking steps such as omnichannel integration and development of online order fulfillment centers.
Macy's has entered into a deal with Luxottica Group - the designer, manufacturer and distributor of fashion, luxury and sports eyewear - to open LensCrafters licensed departments in approximately 500 Macy's outlets over a three-year time frame. Prior to this, the company entered into a joint venture with Fung Retailing Limited - one of the leading retailers in Greater China - in an attempt to tap retailing opportunities in the fast-growing Chinese markets.
5 Retail Stocks to Watch Out For
Unfavorable weather conditions, a strong dollar and shift toward online shopping played spoilsport for Macy's, which went on to post dismal holiday sales results. These are some common issues that most other brick-and-mortar retailers may have encountered as well during the holiday season. Some analysts even pointed out that consumers spend more on electronics, cars, home goods and travel, and less on apparel and cosmetics. So, it is necessary to be watchful on a few retail stocks that hold a Zacks Rank #4 (Sell) or Zacks Rank #5 (Strong Sell) and might not prove to be good additions to your portfolio.
Dillard's Inc. ( DDS ), a departmental store chain, carries a Zacks Rank #4. The company posted dismal third-quarter fiscal 2015 results, wherein both the top and bottom lines declined year over year and fell short of expectations. Further, the company has underperformed the Zacks Consensus Estimate in three out of the trailing four quarters, with an average negative surprise of 3.4%. In the past three months, shares have declined about 29%.
The Buckle, Inc. ( BKE ), retailer of casual apparel, footwear, and accessories, has not been able to turn the performance of its struggling Women's business around. This has been impacting the performance of this Zacks Rank #4 stock. The company posted dismal November comparable-store sales. Comparable sales decreased 7.9% year over year, following a 5.8% decline registered in October. Buckle's net sales for November dropped 6.8%. In the preceding month, net sales decreased 4.7%. In the past three months, shares have nosedived about 25%.
Urban Outfitters Inc. ( URBN ), a lifestyle specialty retail company, disappointed investors on the revenue front, as the figure missed the Zacks Consensus Estimate for the third straight quarter. Soft customer traffic acted as a deterrent. This Zacks Rank #4 company generated net sales of $825.3 million during the third quarter of fiscal 2016 that fell short of the Zacks Consensus Estimate of $870.9 million.
Moreover, we observe that the pace of growth in the top line slowed to 1.3% in the third quarter from 6.9% and 7.7% in the second and first quarters, respectively. Currency headwinds hurt sales growth by roughly 130 basis points. In the past three months, the stock has lost 29%.
The Gap, Inc. ( GPS ), which operates as an apparel retailer, has been portraying dismal sales trends for a while now, mainly hurt by intensifying currency headwinds. Further, disappointing performance of its core Gap and Banana Republic Global brands are pressing concerns for the company. Continuing with this trend, the company reported comparable-store sales and sales decline of 8% and 9%, respectively, for the month of November. In the past three months, shares of this Zacks Rank #5 company have plunged about 11%.
Want to find the best stocks for 2016? Find out more information about the market-crushingZacks Top 10 list here >>>
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MACYS INC (M): Free Stock Analysis Report
DILLARDS INC-A (DDS): Free Stock Analysis Report
BUCKLE INC (BKE): Free Stock Analysis Report
URBAN OUTFITTER (URBN): Free Stock Analysis Report
GAP INC (GPS): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Stocks recently featured in the blog include Macy's Inc. ( M ), Dillard's Inc. ( DDS ), Buckle, Inc. ( BKE ), Urban Outfitters Inc. ( URBN ) and Gap, Inc. ( GPS ). Dillard's Inc. ( DDS ), a departmental store chain, carries a Zacks Rank #4. Click to get this free report MACYS INC (M): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report BUCKLE INC (BKE): Free Stock Analysis Report URBAN OUTFITTER (URBN): Free Stock Analysis Report GAP INC (GPS): Free Stock Analysis Report To read this article on Zacks.com click here.
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Click to get this free report MACYS INC (M): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report BUCKLE INC (BKE): Free Stock Analysis Report URBAN OUTFITTER (URBN): Free Stock Analysis Report GAP INC (GPS): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks recently featured in the blog include Macy's Inc. ( M ), Dillard's Inc. ( DDS ), Buckle, Inc. ( BKE ), Urban Outfitters Inc. ( URBN ) and Gap, Inc. ( GPS ). Dillard's Inc. ( DDS ), a departmental store chain, carries a Zacks Rank #4.
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Click to get this free report MACYS INC (M): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report BUCKLE INC (BKE): Free Stock Analysis Report URBAN OUTFITTER (URBN): Free Stock Analysis Report GAP INC (GPS): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks recently featured in the blog include Macy's Inc. ( M ), Dillard's Inc. ( DDS ), Buckle, Inc. ( BKE ), Urban Outfitters Inc. ( URBN ) and Gap, Inc. ( GPS ). Dillard's Inc. ( DDS ), a departmental store chain, carries a Zacks Rank #4.
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Stocks recently featured in the blog include Macy's Inc. ( M ), Dillard's Inc. ( DDS ), Buckle, Inc. ( BKE ), Urban Outfitters Inc. ( URBN ) and Gap, Inc. ( GPS ). Dillard's Inc. ( DDS ), a departmental store chain, carries a Zacks Rank #4. Click to get this free report MACYS INC (M): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report BUCKLE INC (BKE): Free Stock Analysis Report URBAN OUTFITTER (URBN): Free Stock Analysis Report GAP INC (GPS): Free Stock Analysis Report To read this article on Zacks.com click here.
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1df61442-1164-4e13-b29c-86014eb2eac3
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719937.0
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2015-12-28 00:00:00 UTC
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Weekly 3-Year Low Highlights: Nordstrom, NetApp, FMC Technologies, Dillards
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DDS
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https://www.nasdaq.com/articles/weekly-3-year-low-highlights-nordstrom-netapp-fmc-technologies-dillards-2015-12-28
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nan
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nan
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According to GuruFocus' list of three-year lows , Nordstrom Inc., NetApp Inc., FMC Technologies Inc., and Dillards Inc. have all reached their three-year low stock prices.
Nordstrom Inc. ( JWN ) reached $50.95
The prices of Nordstrom shares have declined to $50.95, which is 40.7% off its three-year high of $83.16.
Nordstrom Inc. has a market cap of $9.37 billion. Its shares were traded at around $50.95 with a P/E ratio of 14.56 and a P/S ratio of 0.69. The dividend yield of Nordstrom stocks is 2.90%. The company had an annual average earnings growth of 9.80% over the past 10 years. GuruFocus rated Nordstrom the business predictability rank of 4.5-star s .
$warning_sign_link
List of 52-Week Lows
List of 3-Year Lows
List of 5-Year Lows
Nordstrom has released its third quarter 2015 results. Third quarter earnings per diluted share were 42 cents, which included a reduction of 15 cents per share resulting from transaction costs associated with the closing of the company's credit card portfolio sale. Total net earnings were $81 million compared to $142 million last year. Total net sales increased 6.6% over the prior year quarter, with comparable sales increasing 0.9%.
Director Philip G Satre bought 17,600 shares of JWN stock on Nov. 23 at the average price of $56.89.
NetApp Inc. ( NTAP ) reached $26.52
The prices of NetApp shares have declined to $26.52, which is 45.1% off its three-year high of $45.96.
The company has a market cap of $7.75 billion; its shares were traded at around $26.52 with a P/E ratio of 20.68 and a P/S ratio of 1.39. The dividend yield of NetApp Inc. stocks is 2.60%, and it had an annual average earnings growth of 15.30% over the past 10 years. GuruFocus rated NetApp the business predictability rank of 4-star s .
NetApp Inc. has released its fiscal second quarter 2016 results ended Oct. 30. In this quarter, the company generated net revenue of $1.45 billion and GAAP net income of $114 million, or 39 cents per share. This compares to GAAP net income of $160 million, or 49 cents per share for the same period of last year. On a non-GAAP basis, second quarter 2016 EPS was 61 cents, versus 70 cents last year.
SVP and Secretary Matthew K. Fawcett sold 6,633 shares of NTAP stock on Sept. 25 at the average price of $29.49.
FMC Technologies Inc. ( FTI ) reached $29.25
The prices of FMC Technologies shares have declined to $29.25, which is 56.3% off the three-year high of $63.92.
FMC Technologies has a market cap of $6.67 billion, and its shares were traded at around $29.25 with a P/E ratio of 13.60 and a P/S ratio of 0.96. The company had an annual average earnings growth of 19.30% over the past 10 years, and was rated the business predictability rank of 4.5-star by GuruFocus.
For its third quarter of 2015, FMC Technologies reported revenue of $1.5 billion, down 22% compared to the prior year quarter. Diluted EPS for the quarter was 35 cents, including pre-tax impairment charges of 20 cents per share. Diluted EPS for the same quarter of 2014 was 72 cents.
Dillards Inc. ( DDS ) reached $67.43
The prices of Dillards shares have declined to $67.43, which is 54.8% off the three-year high of $144.21.
Dillards has a market cap of $2.48 billion. Its shares were traded at around $67.43 with a P/E ratio of 8.68 and a P/S ratio of 0.40. The dividend yield of Dillards stocks is 0.37%. Dillards Inc had an annual average earnings growth of 26.80% over the past five years.
Dillards has reported its third quarter 2015 results. Net income for this period was $45.7 million, or $1.19 per diluted share, which compares to net income of $55.2 million, or $1.30 per diluted share for the same quarter of 2014. Third quarter 2015 net sales were $1.435 billion compared to $1.460 billion last year. Total merchandise sales decreased 3% year-over-year, and comparable store sales dropped 4%. The company repurchased $175 million of stock over the quarter.
Go here for the complete list of three-year lows.
About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members .
This article first appeared on GuruFocus .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Dillards Inc. ( DDS ) reached $67.43 The prices of Dillards shares have declined to $67.43, which is 54.8% off the three-year high of $144.21. The dividend yield of NetApp Inc. stocks is 2.60%, and it had an annual average earnings growth of 15.30% over the past 10 years. SVP and Secretary Matthew K. Fawcett sold 6,633 shares of NTAP stock on Sept. 25 at the average price of $29.49.
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Dillards Inc. ( DDS ) reached $67.43 The prices of Dillards shares have declined to $67.43, which is 54.8% off the three-year high of $144.21. According to GuruFocus' list of three-year lows , Nordstrom Inc., NetApp Inc., FMC Technologies Inc., and Dillards Inc. have all reached their three-year low stock prices. Total net sales increased 6.6% over the prior year quarter, with comparable sales increasing 0.9%.
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Dillards Inc. ( DDS ) reached $67.43 The prices of Dillards shares have declined to $67.43, which is 54.8% off the three-year high of $144.21. According to GuruFocus' list of three-year lows , Nordstrom Inc., NetApp Inc., FMC Technologies Inc., and Dillards Inc. have all reached their three-year low stock prices. Third quarter earnings per diluted share were 42 cents, which included a reduction of 15 cents per share resulting from transaction costs associated with the closing of the company's credit card portfolio sale.
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Dillards Inc. ( DDS ) reached $67.43 The prices of Dillards shares have declined to $67.43, which is 54.8% off the three-year high of $144.21. According to GuruFocus' list of three-year lows , Nordstrom Inc., NetApp Inc., FMC Technologies Inc., and Dillards Inc. have all reached their three-year low stock prices. Third quarter earnings per diluted share were 42 cents, which included a reduction of 15 cents per share resulting from transaction costs associated with the closing of the company's credit card portfolio sale.
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d9ec32d9-910e-4f57-8bad-e407355c847d
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719938.0
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2015-12-22 00:00:00 UTC
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Dillard's Slides to 52-Week Low: Is DDS Losing Sheen?
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DDS
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https://www.nasdaq.com/articles/dillards-slides-to-52-week-low%3A-is-dds-losing-sheen-2015-12-22
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nan
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nan
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Dillard's Inc.DDS touched a 52-week low of $65.63 yesterday as investors appear to be gradually losing confidence in the stock. Shares of the company have plunged 15% since its dismal third-quarter fiscal 2015 results, released on Nov 16. Additionally, year-to-date, the stock has nosedived 45.8%.
This departmental store chain, featuring fashion apparel and home furnishings posted quarterly adjusted earnings of $1.03 per share that missed the Zacks Consensus Estimate of $1.15 and plunged 14.9% on a year-over-year basis.
Further, this Zacks Rank #4 (Sell) company's total revenue (including service charges and other income) slipped 1.8% from the year-ago quarter figure to $1,472.9 million, and came in below the Zacks Consensus Estimate of $1,487 million.
Also, we note that Dillard's bottom-line has underperformed the Zacks Consensus Estimate by an average of 3.4% over the past 4 quarters, delivering a miss in 3 of these. Moreover, management's guidance for fiscal 2015 indicates significant cost pressures, raising concerns about the company's prospects.
We believe that these factors led to downward revisions in Dillard's earnings estimates as analysts have become less constructive on the stock's future performance. The Zacks Consensus Estimate declined 10.8% to $7.05 per share for fiscal 2015 and 19.6% to $2.62 per share for the fourth quarter, over the past 60 days.
Another factor posing a threat for Dillard's is that the company operates in the highly competitive retail merchandise industry. Although it is a large regional department store, the company has many rivals at the national level competing with its individual stores, including specialty, off-price, discount, Internet and mail-order retailers. Hence, on losing its competitive position, the company might face downward pricing pressure, lower demand for its products as well as waning margins.
However, we expect the company's focus on increasing productivity, developing a leading omni-channel platform and enhancing its domestic operations to support future results.
Stocks to Consider
A better-ranked stock in the same industry is J. C. Penney Company, Inc. JCP , with a Zacks Rank #2 (Buy). Other favorably ranked retail stocks are Casey's General Stores, Inc. CASY , with a Zacks Rank #1 (Strong Buy) and Ross Stores Inc. ROST , with a Zacks Rank #2.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >>
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DILLARDS INC-A (DDS): Free Stock Analysis Report
PENNEY (JC) INC (JCP): Free Stock Analysis Report
ROSS STORES (ROST): Free Stock Analysis Report
CASEYS GEN STRS (CASY): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Dillard's Inc.DDS touched a 52-week low of $65.63 yesterday as investors appear to be gradually losing confidence in the stock. Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report ROSS STORES (ROST): Free Stock Analysis Report CASEYS GEN STRS (CASY): Free Stock Analysis Report To read this article on Zacks.com click here. This departmental store chain, featuring fashion apparel and home furnishings posted quarterly adjusted earnings of $1.03 per share that missed the Zacks Consensus Estimate of $1.15 and plunged 14.9% on a year-over-year basis.
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Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report ROSS STORES (ROST): Free Stock Analysis Report CASEYS GEN STRS (CASY): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's Inc.DDS touched a 52-week low of $65.63 yesterday as investors appear to be gradually losing confidence in the stock. Other favorably ranked retail stocks are Casey's General Stores, Inc. CASY , with a Zacks Rank #1 (Strong Buy) and Ross Stores Inc. ROST , with a Zacks Rank #2.
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Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report ROSS STORES (ROST): Free Stock Analysis Report CASEYS GEN STRS (CASY): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's Inc.DDS touched a 52-week low of $65.63 yesterday as investors appear to be gradually losing confidence in the stock. Stocks to Consider A better-ranked stock in the same industry is J. C. Penney Company, Inc. JCP , with a Zacks Rank #2 (Buy).
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Dillard's Inc.DDS touched a 52-week low of $65.63 yesterday as investors appear to be gradually losing confidence in the stock. Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report ROSS STORES (ROST): Free Stock Analysis Report CASEYS GEN STRS (CASY): Free Stock Analysis Report To read this article on Zacks.com click here. The Zacks Consensus Estimate declined 10.8% to $7.05 per share for fiscal 2015 and 19.6% to $2.62 per share for the fourth quarter, over the past 60 days.
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70b6a088-1fe4-4f6f-a96c-8457f32d0e37
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719939.0
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2015-12-17 00:00:00 UTC
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Insiders Now Seeing Red With DDS At New 52-Week Low
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DDS
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https://www.nasdaq.com/articles/insiders-now-seeing-red-dds-new-52-week-low-2015-12-17
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nan
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nan
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In trading on Thursday, shares of Dillard's Inc. (Symbol: DDS) touched a new 52-week low of $66.69/share. That's a $77.52 share price drop, or -53.75% decline from the 52-week high of $144.21 set back on 04/13/2015. Large percentage drops always require that the stock post even larger percentage gains from the low in order to recover the old price point, and for DDS that means the stock would have to gain 116.24% to get back to the 52-week high. For a move like that, Dillard's Inc. would need fundamental strength at the business level.
Here's a rhetorical question: Who knows more about fundamentals at the business level than the company's own insiders? So let's take a look to see whether any company insiders were taking the other side of the trade as DDS shares were being sold down to this new 52-week low, focusing on the most recent trailing six month period. As summarized by the table below, DDS has seen 2 different instances of insiders buying over the past six months.
In the short run, while the new 52-week low suggests the stock is at the cheapest price and perhaps therefore the best bargain it has been over the last 52 weeks, the low print also means anyone who has purchased the stock over that timeframe is staring at an unrealized loss. Oftentimes, that factor drives a stock's technical analysis metrics by creating overhead resistance, with investors who bought higher now anxious to reverse their trade once they are back to breakeven. The chart below shows where DDS has traded over the past year, with the 50-day and 200-day moving averages included.
Time will tell whether the insider purchases foretell a future rebound for DDS shares, which are presently showing a last trade of $67.52/share, slightly above the new 52-week low.
Ten Bargains You Can Buy Cheaper Than The Insiders Did »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The chart below shows where DDS has traded over the past year, with the 50-day and 200-day moving averages included. Time will tell whether the insider purchases foretell a future rebound for DDS shares, which are presently showing a last trade of $67.52/share, slightly above the new 52-week low. In trading on Thursday, shares of Dillard's Inc. (Symbol: DDS) touched a new 52-week low of $66.69/share.
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In trading on Thursday, shares of Dillard's Inc. (Symbol: DDS) touched a new 52-week low of $66.69/share. Large percentage drops always require that the stock post even larger percentage gains from the low in order to recover the old price point, and for DDS that means the stock would have to gain 116.24% to get back to the 52-week high. So let's take a look to see whether any company insiders were taking the other side of the trade as DDS shares were being sold down to this new 52-week low, focusing on the most recent trailing six month period.
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Large percentage drops always require that the stock post even larger percentage gains from the low in order to recover the old price point, and for DDS that means the stock would have to gain 116.24% to get back to the 52-week high. So let's take a look to see whether any company insiders were taking the other side of the trade as DDS shares were being sold down to this new 52-week low, focusing on the most recent trailing six month period. Time will tell whether the insider purchases foretell a future rebound for DDS shares, which are presently showing a last trade of $67.52/share, slightly above the new 52-week low.
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Large percentage drops always require that the stock post even larger percentage gains from the low in order to recover the old price point, and for DDS that means the stock would have to gain 116.24% to get back to the 52-week high. So let's take a look to see whether any company insiders were taking the other side of the trade as DDS shares were being sold down to this new 52-week low, focusing on the most recent trailing six month period. In trading on Thursday, shares of Dillard's Inc. (Symbol: DDS) touched a new 52-week low of $66.69/share.
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4aeaf1eb-e867-4818-aa9b-6e56367ff83f
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719940.0
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2015-12-14 00:00:00 UTC
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Dillard's is Now Oversold (DDS)
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DDS
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https://www.nasdaq.com/articles/dillards-now-oversold-dds-2015-12-14
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nan
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nan
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Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.
In trading on Monday, shares of Dillard's Inc. (Symbol: DDS) entered into oversold territory, hitting an RSI reading of 29.3, after changing hands as low as $69.48 per share. By comparison, the current RSI reading of the S&P 500 ETF ( SPY ) is 33.3. A bullish investor could look at DDS's 29.3 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of DDS shares:
Looking at the chart above, DDS's low point in its 52 week range is $68.06 per share, with $144.21 as the 52 week high point - that compares with a last trade of $69.22.
According to the ETF Finder at ETF Channel, DDS makes up 1.05% of the First Trust Consumer Discretionary AlphaDEX Fund ETF (Symbol: FXD) which is trading lower by about 1% on the day Monday.
Find out what 9 other oversold stocks you need to know about »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In trading on Monday, shares of Dillard's Inc. (Symbol: DDS) entered into oversold territory, hitting an RSI reading of 29.3, after changing hands as low as $69.48 per share. A bullish investor could look at DDS's 29.3 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of DDS shares: Looking at the chart above, DDS's low point in its 52 week range is $68.06 per share, with $144.21 as the 52 week high point - that compares with a last trade of $69.22.
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In trading on Monday, shares of Dillard's Inc. (Symbol: DDS) entered into oversold territory, hitting an RSI reading of 29.3, after changing hands as low as $69.48 per share. The chart below shows the one year performance of DDS shares: Looking at the chart above, DDS's low point in its 52 week range is $68.06 per share, with $144.21 as the 52 week high point - that compares with a last trade of $69.22. A bullish investor could look at DDS's 29.3 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.
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In trading on Monday, shares of Dillard's Inc. (Symbol: DDS) entered into oversold territory, hitting an RSI reading of 29.3, after changing hands as low as $69.48 per share. The chart below shows the one year performance of DDS shares: Looking at the chart above, DDS's low point in its 52 week range is $68.06 per share, with $144.21 as the 52 week high point - that compares with a last trade of $69.22. A bullish investor could look at DDS's 29.3 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.
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In trading on Monday, shares of Dillard's Inc. (Symbol: DDS) entered into oversold territory, hitting an RSI reading of 29.3, after changing hands as low as $69.48 per share. According to the ETF Finder at ETF Channel, DDS makes up 1.05% of the First Trust Consumer Discretionary AlphaDEX Fund ETF (Symbol: FXD) which is trading lower by about 1% on the day Monday. A bullish investor could look at DDS's 29.3 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.
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4a966f83-159a-44a4-a7da-627f21932fd4
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719941.0
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2015-12-07 00:00:00 UTC
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What Falling Estimates & Price Mean for Dillard's (DDS)
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DDS
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https://www.nasdaq.com/articles/what-falling-estimates-price-mean-for-dillards-dds-2015-12-07
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nan
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nan
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Similar to wise buying decisions, exiting certain underperformers at the right time helps maximize portfolio returns. Selling off losers can be difficult, but if both the share price and estimates are falling, it could be time to get rid of the security before more losses hit your portfolio.
One such stock that you may want to consider dropping is Dillard's Inc.DDS , which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year. A Zacks Rank #4 (Sell) further confirms weakness in DDS.
A key reason for this move has been the negative trend in earnings estimate revisions. For the full year, we have seen 4 estimates moving down in the past 30 days, compared with no upward revision. This trend has caused the consensus estimate to trend lower, going from $7.85 a share a month ago to its current level of $7.04.
Also, for the current quarter, Dillard's has seen 3 downward estimate revisions versus no revision in the opposite direction, dragging the consensus estimate down to $2.61 a share from $3.24 over the past 30 days.
The stock also has seen some pretty dismal trading lately, as the share price has dropped 17.6% in the past month.
So it may not be a good decision to keep this stock in your portfolio anymore, at least if you don't have a long time horizon to wait.
If you are still interested in the Retail sector, you may instead a better-ranked stock J. C. Penney Company, Inc. JCP with a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
DILLARDS INC-A (DDS): Free Stock Analysis Report
PENNEY (JC) INC (JCP): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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One such stock that you may want to consider dropping is Dillard's Inc.DDS , which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year. A Zacks Rank #4 (Sell) further confirms weakness in DDS. Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report To read this article on Zacks.com click here.
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One such stock that you may want to consider dropping is Dillard's Inc.DDS , which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year. Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report To read this article on Zacks.com click here. A Zacks Rank #4 (Sell) further confirms weakness in DDS.
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One such stock that you may want to consider dropping is Dillard's Inc.DDS , which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year. Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report To read this article on Zacks.com click here. A Zacks Rank #4 (Sell) further confirms weakness in DDS.
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One such stock that you may want to consider dropping is Dillard's Inc.DDS , which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year. A Zacks Rank #4 (Sell) further confirms weakness in DDS. Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report To read this article on Zacks.com click here.
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c2d1537c-e33b-450d-b7b2-bc757dac7f01
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719942.0
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2015-12-07 00:00:00 UTC
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Why Dillard's Inc. Stock Fell 16% in November
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DDS
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https://www.nasdaq.com/articles/why-dillards-inc-stock-fell-16-november-2015-12-07
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nan
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nan
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What: Department store Dillard 's saw its stock fall 16% during the month of November, according to S&P Capital IQ data.
DDS data by YCharts .
The drop added to a rough year for shareholders: Dillard's is now down about 50% from the all-time high it set in April. It is 42% lower, year to date.
So what: The retailer posted earnings results on Nov. 16 that, while just slightly below Wall Street expectations, pointed to a difficult holiday quarter ahead. Dillard's third-quarter comparable-store sales sunk by 4% as earnings fell to $1.19 per share from $1.30 the prior year. "We are disappointed with our third quarter sales performance and in the resulting decline in profit," CEO William Dillard said in a press release.
Sure, Dillard's is just one of several department chains that are hurting as consumer spending migrates online. Macy 's , for example, last month posted a similar 4% comps decline, citing weakness in the same categories, apparel and accessories, that Dillard's did. For its part, Macy's management promised an "overdrive" focus "in response to changing customer shopping preferences." Dillard's executive team instead chose to highlight its stock repurchasing focus. The company spent $175 million buying back shares last quarter.
Yet even if competitors are shrinking, too, it is Dillard's long-term profit potential that will determine whether the stock buys prove to be a good investment. The latest trends don't look good on that score: Net income sank 8% through the first three quarters of the year, to $185 million.
Now what: The recent weak sales trends suggest that the fourth quarter could be substantially worse than the third. In fact, consensus estimates call for revenue to shrink by 3%. But profit is projected to take an even bigger hit, sinking 16% to $2.66 per share.
Dillard's logged a 6% increase in inventory last month, even as the sales base shrunk. And those two trends suggest that gross margin might fall substantially over the holiday shopping season as the company is pressured to use price cuts to clear out its seasonal merchandise.
The next billion-dollar iSecret
The world's biggest tech company forgot to show you something at its recent event, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early, in-the-know investors! To be one of them, just click here .
The article Why Dillard's Inc. Stock Fell 16% in November originally appeared on Fool.com.
Demitrios Kalogeropoulos has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy .
Copyright © 1995 - 2015 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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DDS data by YCharts . So what: The retailer posted earnings results on Nov. 16 that, while just slightly below Wall Street expectations, pointed to a difficult holiday quarter ahead. "We are disappointed with our third quarter sales performance and in the resulting decline in profit," CEO William Dillard said in a press release.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. DDS data by YCharts . Now what: The recent weak sales trends suggest that the fourth quarter could be substantially worse than the third.
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DDS data by YCharts . What: Department store Dillard 's saw its stock fall 16% during the month of November, according to S&P Capital IQ data. "We are disappointed with our third quarter sales performance and in the resulting decline in profit," CEO William Dillard said in a press release.
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DDS data by YCharts . What: Department store Dillard 's saw its stock fall 16% during the month of November, according to S&P Capital IQ data. The company spent $175 million buying back shares last quarter.
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a601b44f-87a2-4651-80d7-dfa51aa8d001
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719943.0
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2015-11-18 00:00:00 UTC
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Is the Dillard's, Inc. Turnaround Crumbling?
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DDS
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https://www.nasdaq.com/articles/dillards-inc-turnaround-crumbling-2015-11-18
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nan
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nan
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Shares of department stores -- particularly those catering to the middle to upper-middle class -- have been having an awful month. For example, Macy's stock has lost more than a quarter of its value since the beginning of November, largely because of the company's unexpectedly large Q3 sales decline.
Macy's vs. Dillard's November Stock Performance, data by YCharts
On Monday, Southern department store chain Dillard's announced weak results of its own. This may mean that Dillard's multi-year turnaround effort is running out of steam. And unlike Macy's, Dillard's doesn't have a multibillion-dollar real estate portfolio to fall back on.
Dillard's hits a snag
Last quarter, Dillard's reported EPS of $1.19. That was only $0.01 below the average analyst estimate, but analysts had significantly reduced their expectations in the month leading up to the earnings release.
In the year-earlier quarter, Dillard's had posted EPS of $1.30. The year-over-year earnings decline was driven by a 4% drop in comparable store sales. This led to higher selling, general, and administrative costs as a percentage of sales.
EPS would have declined even faster but for a 10% decrease in the share count attributable to Dillard's massive share buyback program. Year to date, Dillard's has spent $382.5 million on share buybacks. The company has $117.5 million remaining on its current share-repurchase authorization.
Rising inventory is a big concern
While Dillard's results last quarter were clearly subpar, an even bigger problem looms on the horizon: a glut of inventory. Dillard's ended Q3 with inventory up 6% year over year, which is too much, given that its sales have been declining.
The outlook for Dillard's is clouding over. Photo: Wikimedia Commons.
When department stores end up with too much inventory, it usually leads to big clearance markdowns, reducing gross margin. For example, Dillard's ended Q3 2013 with inventory up 6% year over year, while sales had only increased 1% year over year in that quarter. The result was that gross margin declined 180 basis points year over year in the fourth quarter, driving down earnings per share.
By contrast, Dillard's ended Q3 2014 with inventory roughly flat year over year, while sales had declined about 1% during that quarter. This better inventory position led to a 103-basis-point improvement in gross margin during Q4, driving 18% adjusted EPS growth.
Given that the mismatch between Dillard's inventory growth and its sales trend is even greater today than it was two years ago, the company could be in for a sharp drop in gross margin in Q4.
Dillard's isn't Macy's
Dillard's isn't the only retailer facing a glut of inventory this fall. Macy's ended last quarter with inventory up 4.6% year over year while its total sales declined 5.2% in Q3. And Macy's is just one of several other retailers facing a mismatch between inventory and sales trends.
Unlike Dillard's, Macy's owns some valuable high-profile real estate. Photo: The Motley Fool.
However, Macy's has invested much more heavily than Dillard's in becoming a major player in e-commerce. Macy's also has a significant number of stores in high-profile locations that should continue to generate high sales volumes, even if U.S. mall traffic keeps declining. Both of these factors make a retail turnaround easier to pull off at Macy's than at Dillard's.
Additionally, Macy's owns lots of valuable real estate. Some investors think that Macy's real estate is worth significantly more than its $12 billion market cap. Macy's is already investigating ways to extract value from its real estate, either by redeveloping underutilized portions of stores or selling others off entirely.
By contrast, Dillard's doesn't have high-profile, high-traffic locations like this. (That's a big reason it lags Macy's by more than 30% in sales per square foot.) It can generate some cash here and there by selling off stores, but the value of its real estate couldn't possibly support its nearly $3 billion market cap if its retail operations go south.
Dillard's has been buying back its stock at a furious pace to prop up earnings per share. But because of the high fixed-cost nature of the department store business, even a moderate sales downturn could quickly undermine Dillard's profitability. If Dillard's sales continue to slide, no amount of share buybacks will get the stock back on track.
The next billion-dollar iSecret
The world's biggest tech company forgot to show you something at its recent event, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early in-the-know investors! To be one of them, just click here .
The article Is the Dillard's, Inc. Turnaround Crumbling? originally appeared on Fool.com.
Adam Levine-Weinberg has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy .
Copyright © 1995 - 2015 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Given that the mismatch between Dillard's inventory growth and its sales trend is even greater today than it was two years ago, the company could be in for a sharp drop in gross margin in Q4. Macy's also has a significant number of stores in high-profile locations that should continue to generate high sales volumes, even if U.S. mall traffic keeps declining. It can generate some cash here and there by selling off stores, but the value of its real estate couldn't possibly support its nearly $3 billion market cap if its retail operations go south.
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The result was that gross margin declined 180 basis points year over year in the fourth quarter, driving down earnings per share. Dillard's isn't Macy's Dillard's isn't the only retailer facing a glut of inventory this fall. Unlike Dillard's, Macy's owns some valuable high-profile real estate.
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For example, Dillard's ended Q3 2013 with inventory up 6% year over year, while sales had only increased 1% year over year in that quarter. By contrast, Dillard's ended Q3 2014 with inventory roughly flat year over year, while sales had declined about 1% during that quarter. Dillard's isn't Macy's Dillard's isn't the only retailer facing a glut of inventory this fall.
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When department stores end up with too much inventory, it usually leads to big clearance markdowns, reducing gross margin. This better inventory position led to a 103-basis-point improvement in gross margin during Q4, driving 18% adjusted EPS growth. Macy's ended last quarter with inventory up 4.6% year over year while its total sales declined 5.2% in Q3.
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3f2a1f75-a205-48a8-88d3-28dab7fd5ba5
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719944.0
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2015-11-17 00:00:00 UTC
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Company News for November 17, 2015
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DDS
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https://www.nasdaq.com/articles/company-news-for-november-17-2015-2015-11-17
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nan
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nan
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• Shares of Marriott International, Inc. ( MAR ) gained 1.4% after the company said it will buy Starwood Hotels & Resorts Worldwide Inc. ( HOT ) for a deal valued at $12.2 billion in cash and stock
• Shares of Clovis Oncology, Inc. ( CLVS ) tanked almost 70% after the company said approval of its lung cancer drug will be delayed since the U.S. Food and Drug Administration has asked for more information on the drug to analyze its effectiveness
• Shares of CONMED Corporation ( CNMD ) soared 8.2% after the company said it will acquire privately-held SurgiQuest for $265 million
• Dillard's Inc.'s ( DDS ) shares dropped 6.4% after the company reported third quarter earnings per share of $1.03 that missed the Zacks Consensus Estimate of $1.15
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
MARRIOTT INTL-A (MAR): Free Stock Analysis Report
STARWOOD HOTELS (HOT): Free Stock Analysis Report
CLOVIS ONCOLOGY (CLVS): Free Stock Analysis Report
CONMED CORP (CNMD): Free Stock Analysis Report
DILLARDS INC-A (DDS): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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• Shares of Marriott International, Inc. ( MAR ) gained 1.4% after the company said it will buy Starwood Hotels & Resorts Worldwide Inc. ( HOT ) for a deal valued at $12.2 billion in cash and stock • Shares of Clovis Oncology, Inc. ( CLVS ) tanked almost 70% after the company said approval of its lung cancer drug will be delayed since the U.S. Food and Drug Administration has asked for more information on the drug to analyze its effectiveness • Shares of CONMED Corporation ( CNMD ) soared 8.2% after the company said it will acquire privately-held SurgiQuest for $265 million • Dillard's Inc.'s ( DDS ) shares dropped 6.4% after the company reported third quarter earnings per share of $1.03 that missed the Zacks Consensus Estimate of $1.15 Want the latest recommendations from Zacks Investment Research? Click to get this free report MARRIOTT INTL-A (MAR): Free Stock Analysis Report STARWOOD HOTELS (HOT): Free Stock Analysis Report CLOVIS ONCOLOGY (CLVS): Free Stock Analysis Report CONMED CORP (CNMD): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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• Shares of Marriott International, Inc. ( MAR ) gained 1.4% after the company said it will buy Starwood Hotels & Resorts Worldwide Inc. ( HOT ) for a deal valued at $12.2 billion in cash and stock • Shares of Clovis Oncology, Inc. ( CLVS ) tanked almost 70% after the company said approval of its lung cancer drug will be delayed since the U.S. Food and Drug Administration has asked for more information on the drug to analyze its effectiveness • Shares of CONMED Corporation ( CNMD ) soared 8.2% after the company said it will acquire privately-held SurgiQuest for $265 million • Dillard's Inc.'s ( DDS ) shares dropped 6.4% after the company reported third quarter earnings per share of $1.03 that missed the Zacks Consensus Estimate of $1.15 Want the latest recommendations from Zacks Investment Research? Click to get this free report MARRIOTT INTL-A (MAR): Free Stock Analysis Report STARWOOD HOTELS (HOT): Free Stock Analysis Report CLOVIS ONCOLOGY (CLVS): Free Stock Analysis Report CONMED CORP (CNMD): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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• Shares of Marriott International, Inc. ( MAR ) gained 1.4% after the company said it will buy Starwood Hotels & Resorts Worldwide Inc. ( HOT ) for a deal valued at $12.2 billion in cash and stock • Shares of Clovis Oncology, Inc. ( CLVS ) tanked almost 70% after the company said approval of its lung cancer drug will be delayed since the U.S. Food and Drug Administration has asked for more information on the drug to analyze its effectiveness • Shares of CONMED Corporation ( CNMD ) soared 8.2% after the company said it will acquire privately-held SurgiQuest for $265 million • Dillard's Inc.'s ( DDS ) shares dropped 6.4% after the company reported third quarter earnings per share of $1.03 that missed the Zacks Consensus Estimate of $1.15 Want the latest recommendations from Zacks Investment Research? Click to get this free report MARRIOTT INTL-A (MAR): Free Stock Analysis Report STARWOOD HOTELS (HOT): Free Stock Analysis Report CLOVIS ONCOLOGY (CLVS): Free Stock Analysis Report CONMED CORP (CNMD): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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• Shares of Marriott International, Inc. ( MAR ) gained 1.4% after the company said it will buy Starwood Hotels & Resorts Worldwide Inc. ( HOT ) for a deal valued at $12.2 billion in cash and stock • Shares of Clovis Oncology, Inc. ( CLVS ) tanked almost 70% after the company said approval of its lung cancer drug will be delayed since the U.S. Food and Drug Administration has asked for more information on the drug to analyze its effectiveness • Shares of CONMED Corporation ( CNMD ) soared 8.2% after the company said it will acquire privately-held SurgiQuest for $265 million • Dillard's Inc.'s ( DDS ) shares dropped 6.4% after the company reported third quarter earnings per share of $1.03 that missed the Zacks Consensus Estimate of $1.15 Want the latest recommendations from Zacks Investment Research? Click to get this free report MARRIOTT INTL-A (MAR): Free Stock Analysis Report STARWOOD HOTELS (HOT): Free Stock Analysis Report CLOVIS ONCOLOGY (CLVS): Free Stock Analysis Report CONMED CORP (CNMD): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Today, you can download 7 Best Stocks for the Next 30 Days.
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fdb37a73-c44e-430a-a67b-dd8d63d1c1b0
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719945.0
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2015-11-17 00:00:00 UTC
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Dillard's (DDS) Q3 Earnings & Sales Miss; Stock Down 6.4%
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DDS
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https://www.nasdaq.com/articles/dillards-dds-q3-earnings-sales-miss-stock-down-6.4-2015-11-17
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Shares of Dillard's Inc.DDS dropped 6.4% yesterday after the company reported dismal third-quarter fiscal 2015 results. Both top and bottom lines declined year over year and fell short of expectations.
Dillard's quarterly adjusted earnings of $1.03 per share missed the Zacks Consensus Estimate of $1.15 and plunged 14.9% on a year-over-year basis. Including one-time items, earnings came in at $1.19 per share, down 8.5% from the prior-year quarter.
Dillard's Inc. (DDS) - Quarterly EPS | FindTheCompany
Dillard's total revenue (including service charges and other income) of $1,472.9 million slipped 1.8% from the year-ago quarter and came in below the Zacks Consensus Estimate of $1,487 million.
Dillard's net sales (including CDI Contractors LLC or CDI) dipped 1.7% year over year to $1,434.7 million in the reported quarter. Merchandise sales, excluding CDI, fell 2.8% to roughly $1,382 million. Merchandise comparable-store sales for the thirteen-week period ended Oct 31, 2015, dropped 4% from the comparable period ended Nov 1, 2014.
During the reported quarter, the outperforming categories were cosmetics, juniors' and children's apparel, and shoes and ladies' apparel. On the contrary, the home and furniture category remained quite weak, along with softness noted in the men's apparel and accessories, and ladies' accessories and lingerie categories. The best performing region was Eastern, trailed by the Western and Central areas, respectively.
Consolidated gross margin contracted 30 basis points (bps), while gross margin from retail operations (excluding CDI) expanded 11 bps. The difference in retail and consolidated gross margin was due to higher revenue at CDI, which involves lower margin operations.
Dillard's selling, general and administrative expenses (as a percentage of sales) escalated 60 bps to 28.8%, on account of higher payroll and insurance costs, somewhat offset by lower advertising expenses.
Financial Details
Dillard's ended the third quarter of fiscal 2015 with cash and cash equivalents of $100.1 million, long-term debt and capital leases standing (excluding current portions) at $622.3 million, and total shareholders' equity of $1,817.2 million.
During the first three quarters, the company generated net cash flow from operations of $83.3 million.
Further, during the quarter, Dillard's bought back 1.9 million shares for $174.6 million, with repurchases worth $117.5 million remaining under its existing authorization.
Store Update
As of Oct 31, 2015, Dillard's had about 274 namesake outlets and 23 clearance centers operating in 29 states, and an online store at www.dillards.com. Dillard's total square footage as of quarter end was 50.1 million.
Concurrently, the company announced the introduction of its 155,000-square-foot store at Liberty Center in Cincinnati, OH, and a new store spanning over 126,000 square feet, at Fremaux Town Center in Slidell, LA.
Zacks Rank
Currently, Dillard's carries a Zacks Rank #3 (Hold). Better-ranked stocks in the retail sector include Casey's General Stores, Inc. CASY , sporting a Zacks Rank #1 (Strong Buy), American Eagle Outfitters, Inc. AEO and L Brands, Inc. LB , each with a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
DILLARDS INC-A (DDS): Free Stock Analysis Report
AMER EAGLE OUTF (AEO): Free Stock Analysis Report
CASEYS GEN STRS (CASY): Free Stock Analysis Report
L BRANDS INC (LB): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Shares of Dillard's Inc.DDS dropped 6.4% yesterday after the company reported dismal third-quarter fiscal 2015 results. Dillard's Inc. (DDS) - Quarterly EPS | FindTheCompany Dillard's total revenue (including service charges and other income) of $1,472.9 million slipped 1.8% from the year-ago quarter and came in below the Zacks Consensus Estimate of $1,487 million. Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report AMER EAGLE OUTF (AEO): Free Stock Analysis Report CASEYS GEN STRS (CASY): Free Stock Analysis Report L BRANDS INC (LB): Free Stock Analysis Report To read this article on Zacks.com click here.
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Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report AMER EAGLE OUTF (AEO): Free Stock Analysis Report CASEYS GEN STRS (CASY): Free Stock Analysis Report L BRANDS INC (LB): Free Stock Analysis Report To read this article on Zacks.com click here. Shares of Dillard's Inc.DDS dropped 6.4% yesterday after the company reported dismal third-quarter fiscal 2015 results. Dillard's Inc. (DDS) - Quarterly EPS | FindTheCompany Dillard's total revenue (including service charges and other income) of $1,472.9 million slipped 1.8% from the year-ago quarter and came in below the Zacks Consensus Estimate of $1,487 million.
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Dillard's Inc. (DDS) - Quarterly EPS | FindTheCompany Dillard's total revenue (including service charges and other income) of $1,472.9 million slipped 1.8% from the year-ago quarter and came in below the Zacks Consensus Estimate of $1,487 million. Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report AMER EAGLE OUTF (AEO): Free Stock Analysis Report CASEYS GEN STRS (CASY): Free Stock Analysis Report L BRANDS INC (LB): Free Stock Analysis Report To read this article on Zacks.com click here. Shares of Dillard's Inc.DDS dropped 6.4% yesterday after the company reported dismal third-quarter fiscal 2015 results.
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Dillard's Inc. (DDS) - Quarterly EPS | FindTheCompany Dillard's total revenue (including service charges and other income) of $1,472.9 million slipped 1.8% from the year-ago quarter and came in below the Zacks Consensus Estimate of $1,487 million. Shares of Dillard's Inc.DDS dropped 6.4% yesterday after the company reported dismal third-quarter fiscal 2015 results. Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report AMER EAGLE OUTF (AEO): Free Stock Analysis Report CASEYS GEN STRS (CASY): Free Stock Analysis Report L BRANDS INC (LB): Free Stock Analysis Report To read this article on Zacks.com click here.
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7b33b129-d86e-4790-a409-dc57aef9c29a
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719946.0
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2015-11-16 00:00:00 UTC
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Mid-Day Market Update: Starwood Drops Following Announcement of Acquisition Deal With Marriott; Sunoco Shares Gain
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DDS
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https://www.nasdaq.com/articles/mid-day-market-update-starwood-drops-following-announcement-acquisition-deal-marriott
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Midway through trading Monday, the Dow traded up 0.36 percent to 17,307.50 while the NASDAQ declined 0.12 percent to 4,922.08. The S&P also rose, gaining 0.34 percent to 2,029.87.
Leading and Lagging Sectors
In trading on Monday, utilities shares rose by 0.90 percent. Top gainers in the sector included Consolidated Water Co. Ltd. (NASDAQ: CWCO ), up 6 percent, and Oneok Partners LP (NYSE: OKS ), up 5 percent.
Basic materials shares dipped around 0.25 percent in Monday's trading. Meanwhile, top losers in the sector included Cemex SAB de CV (ADR) (NYSE: CX ), down 7 percent, and L.B. Foster Co (NASDAQ: FSTR ), off 5 percent.
Top Headline
Marriott International Inc (NASDAQ: MAR ) announced its plans to buy Starwood Hotels & Resorts Worldwide Inc (NYSE: HOT ) for $12.2 billion.
The combined company would have more than 5,500 hotels with around 1.1 million rooms worldwide.
Equities Trading UP
Sunoco LP (NYSE: SUN ) shares shot up 8 percent to $35.67. Sunoco reported the dropdown to SUN of the remaining 68.42% interest in Sunoco and 100% interest in the Legacy Sunoco retail business for around $2.226 billion.
Shares of Nexvet Biopharma plc (NASDAQ: NVET ) got a boost, shooting up 8 percent to $5.25 after the company reported positive results from NV-01 pivotal study in dogs with osteoarthritis.
Micronet Enertec Technologies Inc (NASDAQ: MICT ) shares were also up, gaining 3 percent to $2.09 after the company reported that its subsidiary, Enertec Systems, has received an initial $1.85 million order for the development and manufacture of a Mobile Command & Control Center.
Equities Trading DOWN
Clovis Oncology Inc (NASDAQ: CLVS ) shares tumbled 69 percent to $30.59 following report of the FDA request for additional information on lung cancer drug.
Shares of Starwood Hotels & Resorts Worldwide Inc (NYSE: HOT ) were down 6 percent to $70.34 after Marriott International Inc (NASDAQ: MAR ) announced its plans to buy Starwood for $12.2 billion.
Dillard's, Inc. (NYSE: DDS ) was down, falling 8 percent to $71.56 after the company reported weaker-than-expected Q3 earnings.
Commodities
In commodity news, oil traded down 0.52 percent to $40.53, while gold traded up 0.35 percent to $1,084.70.
Silver traded down 0.03 percent Monday to $14.20, while copper fell 2.61 percent to $2.11.
Eurozone
European shares were mostly higher today. The eurozone's STOXX 600 rose 0.30 percent, the Spanish Ibex Index gained 0.13 percent, while Italy's FTSE MIB Index slipped 0.14 percent. Meanwhile, the German DAX gained 0.05 percent, and the French CAC 40 slipped 0.08 percent, while U.K. shares rose 0.46 percent.
Economics
The Empire State manufacturing index rose to negative 10.74 for November, compared to negative 11.36 in October. However, economists were expecting a reading of negative 6.
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Free Trading Education - Check out the free events taking place on Marketfy this week. Spaces are limited. Sign up today.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Dillard's, Inc. (NYSE: DDS ) was down, falling 8 percent to $71.56 after the company reported weaker-than-expected Q3 earnings. Top Headline Marriott International Inc (NASDAQ: MAR ) announced its plans to buy Starwood Hotels & Resorts Worldwide Inc (NYSE: HOT ) for $12.2 billion. Shares of Nexvet Biopharma plc (NASDAQ: NVET ) got a boost, shooting up 8 percent to $5.25 after the company reported positive results from NV-01 pivotal study in dogs with osteoarthritis.
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Dillard's, Inc. (NYSE: DDS ) was down, falling 8 percent to $71.56 after the company reported weaker-than-expected Q3 earnings. Top Headline Marriott International Inc (NASDAQ: MAR ) announced its plans to buy Starwood Hotels & Resorts Worldwide Inc (NYSE: HOT ) for $12.2 billion. Equities Trading UP Sunoco LP (NYSE: SUN ) shares shot up 8 percent to $35.67.
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Dillard's, Inc. (NYSE: DDS ) was down, falling 8 percent to $71.56 after the company reported weaker-than-expected Q3 earnings. Midway through trading Monday, the Dow traded up 0.36 percent to 17,307.50 while the NASDAQ declined 0.12 percent to 4,922.08. The eurozone's STOXX 600 rose 0.30 percent, the Spanish Ibex Index gained 0.13 percent, while Italy's FTSE MIB Index slipped 0.14 percent.
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Dillard's, Inc. (NYSE: DDS ) was down, falling 8 percent to $71.56 after the company reported weaker-than-expected Q3 earnings. Midway through trading Monday, the Dow traded up 0.36 percent to 17,307.50 while the NASDAQ declined 0.12 percent to 4,922.08. The S&P also rose, gaining 0.34 percent to 2,029.87.
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6d55370e-c92d-4da2-92a0-a2a315caaddf
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719947.0
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2015-11-16 00:00:00 UTC
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Mid-Morning Market Update: Markets Edge Higher; Marriott To Acquire Starwood Hotels For $12.2B
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DDS
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https://www.nasdaq.com/articles/mid-morning-market-update-markets-edge-higher-marriott-acquire-starwood-hotels-122b-2015
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nan
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Following the market opening Monday, the Dow traded up 0.14 percent to 17,269.62 while the NASDAQ gained 0.05 percent to 4,930.24. The S&P also rose, gaining 0.18 percent to 2,026.60.
Leading and Lagging Sectors
In trading on Monday, non-cyclical consumer goods & services shares rose by 0.64 percent. Top gainers in the sector included Craft Brew Alliance Inc (NASDAQ: BREW ), up 3.4 percent, and Boston Beer Co Inc (NYSE: SAM ), up 3 percent.
Financial shares dipped around 0.18 percent in Monday's trading. Meanwhile, top losers in the sector included MFC Industrial Ltd (NYSE: MIL ), down 7 percent, and Farmers Capital Bank Corp (NASDAQ: FFKT ), off 3 percent.
Top Headline
Marriott International Inc (NASDAQ: MAR ) announced its plans to buy Starwood Hotels & Resorts Worldwide Inc (NYSE: HOT ) for $12.2 billion.
The combined company would have more than 5,500 hotels with around 1.1 million rooms worldwide.
Equities Trading UP
Sunoco LP (NYSE: SUN ) shares shot up 11 percent to $36.75. Sunoco reported the dropdown to SUN of the remaining 68.42% interest in Sunoco and 100% interest in the Legacy Sunoco retail business for around $2.226 billion.
Shares of Nexvet Biopharma plc (NASDAQ: NVET ) got a boost, shooting up 16 percent to $5.65 after the company reported positive results from NV-01 pivotal study in dogs with osteoarthritis.
Oracle Corporation (NYSE: ORCL ) shares were also up, gaining 2 percent to $38.07. Goldman Sachs added Oracle to its Conviction Buy list and raised the price target to $47.00.
Equities Trading DOWN
Clovis Oncology Inc (NASDAQ: CLVS ) shares tumbled 68 percent to $32.06 following report of the FDA request for additional information on lung cancer drug.
Shares of Starwood Hotels & Resorts Worldwide Inc (NYSE: HOT ) were down 6 percent to $70.70 after Marriott International Inc (NASDAQ: MAR ) announced its plans to buy Starwood for $12.2 billion.
Dillard's, Inc. (NYSE: DDS ) was down, falling 7 percent to $72.38 after the company reported weaker-than-expected Q3 earnings.
Commodities
In commodity news, oil traded up 0.10 percent to $40.78, while gold traded up 0.57 percent to $1,087.10.
Silver traded up 0.36 percent Monday to $14.26, while copper fell 1.18 percent to $2.14.
Eurozone
European shares were lower today. The eurozone's STOXX 600 rose 0.06 percent, the Spanish Ibex Index fell 0.32 percent, while Italy's FTSE MIB Index slipped 0.38 percent. Meanwhile, the German DAX declined 0.07 percent, and the French CAC 40 slipped 0.44 percent, while U.K. shares rose 0.28 percent.
Economics
The Empire State manufacturing index rose to negative 10.74 for November, compared to negative 11.36 in October. However, economists were expecting a reading of negative 6.
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Free Trading Education - Check out the free events taking place on Marketfy this week. Spaces are limited. Sign up today.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Dillard's, Inc. (NYSE: DDS ) was down, falling 7 percent to $72.38 after the company reported weaker-than-expected Q3 earnings. Top Headline Marriott International Inc (NASDAQ: MAR ) announced its plans to buy Starwood Hotels & Resorts Worldwide Inc (NYSE: HOT ) for $12.2 billion. Shares of Nexvet Biopharma plc (NASDAQ: NVET ) got a boost, shooting up 16 percent to $5.65 after the company reported positive results from NV-01 pivotal study in dogs with osteoarthritis.
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Dillard's, Inc. (NYSE: DDS ) was down, falling 7 percent to $72.38 after the company reported weaker-than-expected Q3 earnings. Top Headline Marriott International Inc (NASDAQ: MAR ) announced its plans to buy Starwood Hotels & Resorts Worldwide Inc (NYSE: HOT ) for $12.2 billion. Equities Trading UP Sunoco LP (NYSE: SUN ) shares shot up 11 percent to $36.75.
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Dillard's, Inc. (NYSE: DDS ) was down, falling 7 percent to $72.38 after the company reported weaker-than-expected Q3 earnings. Following the market opening Monday, the Dow traded up 0.14 percent to 17,269.62 while the NASDAQ gained 0.05 percent to 4,930.24. The eurozone's STOXX 600 rose 0.06 percent, the Spanish Ibex Index fell 0.32 percent, while Italy's FTSE MIB Index slipped 0.38 percent.
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Dillard's, Inc. (NYSE: DDS ) was down, falling 7 percent to $72.38 after the company reported weaker-than-expected Q3 earnings. The S&P also rose, gaining 0.18 percent to 2,026.60. Equities Trading UP Sunoco LP (NYSE: SUN ) shares shot up 11 percent to $36.75.
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5b9e059c-9ba7-4fc0-bd12-bc3a5324046b
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719948.0
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2015-11-16 00:00:00 UTC
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Why Clovis Oncology, Dillard's, and Urban Outfitters Slumped Today
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DDS
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https://www.nasdaq.com/articles/why-clovis-oncology-dillards-and-urban-outfitters-slumped-today-2015-11-16
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nan
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Retailers had another tough day Monday. Image: Urban Outfitters.
The stock market performed well on Monday, quickly bouncing back from sharply lower futures as investors shrugged off any fears of an economic impact from the terrorist attacks in Paris on Friday night. By the end of the day, most stocks were substantially higher. Yet that didn't help shares of Clovis Oncology , Dillard's , or Urban Outfitters , all of which suffered substantial losses on the day.
Clovis Oncology plunged nearly 70% after the company announced that the Food and Drug Administration had asked for additional clinical data for its efficacy analysis of its lung-cancer treatment candidate rociletinib. CEO Patrick Mahaffy remained confident about the drug's prospects, but Clovis said that it believes that the review will result in a delay in any potential approval for rociletinib. Investors weren't happy about a potential extension beyond the anticipated March 30 FDA review date, especially given the competitive pressures on Clovis from other companies seeking to target the T790M-positive form of lung cancer. Given that Clovis has no drugs currently on the market, any further delays would extend the period during which the company is burning cash in hopes of coming up with an approved drug.
Dillard's fell 6% after reporting poorer financial results for its fiscal third quarter than investors had expected. Net merchandise revenue fell nearly 3% to $1.38 billion for the quarter, with comparable-store sales falling 4%. Net income fell at a sharper 17% rate to $45.7 million, even including a $6 million credit related to the sale of three of Dillard's store locations. The retailer's results were far worse than most investors following the stock had expected, with Dillard's seeing many of the same trends that have plagued other major department-store retailers over the past week. With the key holiday season approaching, investors will be watching Dillard's and other retailers closely to see if they can bounce back from their poor performance.
Finally, Urban Outfitters fell 7% during the regular trading session before plunging another 11% in after-hours trading. The specialty retailer's daytime decline reflected the sour mood among investors in the retail space generally, along with a somewhat strange decision to acquire a restaurant-chain company . Urban Outfitters' results after the market closed Monday afternoon only exacerbated the decline, with the retailer reporting a 1.3% climb in sales and just a 1% rise in comparable retail segment sales including the direct-to-consumer channel. CEO Richard Hayne argued that "the strong customer response to expanded category offerings at each brand bodes well for our future growth," but investors seemed particularly nervous about the growth slowdowns at the Free People and Anthropologie Group chains. Until holiday results start sorting out winners from losers, Urban Outfitters will likely remain under pressure along with the rest of the retail group.
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The article Why Clovis Oncology, Dillard's, and Urban Outfitters Slumped Today originally appeared on Fool.com.
Dan Caplinger has no position in any stocks mentioned. The Motley Fool recommends Urban Outfitters. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy .
Copyright © 1995 - 2015 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The stock market performed well on Monday, quickly bouncing back from sharply lower futures as investors shrugged off any fears of an economic impact from the terrorist attacks in Paris on Friday night. Clovis Oncology plunged nearly 70% after the company announced that the Food and Drug Administration had asked for additional clinical data for its efficacy analysis of its lung-cancer treatment candidate rociletinib. Investors weren't happy about a potential extension beyond the anticipated March 30 FDA review date, especially given the competitive pressures on Clovis from other companies seeking to target the T790M-positive form of lung cancer.
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The stock market performed well on Monday, quickly bouncing back from sharply lower futures as investors shrugged off any fears of an economic impact from the terrorist attacks in Paris on Friday night. Urban Outfitters' results after the market closed Monday afternoon only exacerbated the decline, with the retailer reporting a 1.3% climb in sales and just a 1% rise in comparable retail segment sales including the direct-to-consumer channel. The article Why Clovis Oncology, Dillard's, and Urban Outfitters Slumped Today originally appeared on Fool.com.
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Yet that didn't help shares of Clovis Oncology , Dillard's , or Urban Outfitters , all of which suffered substantial losses on the day. The retailer's results were far worse than most investors following the stock had expected, with Dillard's seeing many of the same trends that have plagued other major department-store retailers over the past week. Urban Outfitters' results after the market closed Monday afternoon only exacerbated the decline, with the retailer reporting a 1.3% climb in sales and just a 1% rise in comparable retail segment sales including the direct-to-consumer channel.
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CEO Patrick Mahaffy remained confident about the drug's prospects, but Clovis said that it believes that the review will result in a delay in any potential approval for rociletinib. Urban Outfitters' results after the market closed Monday afternoon only exacerbated the decline, with the retailer reporting a 1.3% climb in sales and just a 1% rise in comparable retail segment sales including the direct-to-consumer channel. The Motley Fool recommends Urban Outfitters.
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d16b895f-a598-4694-813e-e5b4969b1f7e
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719949.0
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2015-11-16 00:00:00 UTC
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Earnings Reaction History: Dillards Inc CL A, 57.1% Follow-Through Indicator, 5.0% Sensitive
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DDS
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https://www.nasdaq.com/articles/earnings-reaction-history-dillards-inc-cl-571-follow-through-indicator-50-sensitive-2015
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nan
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Expected Earnings Release: 11/16/2015, Premarket
Avg. Extended-Hours Dollar Volume: $1,683,166
Dillards Inc CL A ( DDS ) is due to issue its quarterly earnings report in the upcoming extended-hours session. Given its history, traders can expect light trading in the issue immediately following its quarterly earnings announcement. Historical earnings event related premarket and after-hours trading activity in DDS indicates that the price change in the extended hours is likely to be of limited value in forecasting additional price movement by the following regular session close.
Last 12 Qtrs Positive Only Price Reactions
Percent of time added to extended-hours gains: 50%
Average next regular session additional gain: 1%
Over the prior three fiscal years (12 quarters), when shares of DDS rose in the extended-hours session in reaction to its earnings announcement, history shows that 50.0% of the time (2 events) the stock posted additional gains in the following regular session by an average of 1.0%.
Last 12 Qtrs Negative Only Price Reactions
Percent of time added to extended-hours losses: 66.7%
Average next regular session additional loss: 4.7%
Over that same historical period, when shares of DDS dropped in the extended-hours in reaction to its earnings announcement, history shows that 66.7% of the time (2 events) the stock dropped further, adding to the extended-hours losses by an average of 4.7% by the following regular session close.
Data provided by the MT Pro service at MTNewswires.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Last 12 Qtrs Positive Only Price Reactions Percent of time added to extended-hours gains: 50% Average next regular session additional gain: 1% Over the prior three fiscal years (12 quarters), when shares of DDS rose in the extended-hours session in reaction to its earnings announcement, history shows that 50.0% of the time (2 events) the stock posted additional gains in the following regular session by an average of 1.0%. Last 12 Qtrs Negative Only Price Reactions Percent of time added to extended-hours losses: 66.7% Average next regular session additional loss: 4.7% Over that same historical period, when shares of DDS dropped in the extended-hours in reaction to its earnings announcement, history shows that 66.7% of the time (2 events) the stock dropped further, adding to the extended-hours losses by an average of 4.7% by the following regular session close. Extended-Hours Dollar Volume: $1,683,166 Dillards Inc CL A ( DDS ) is due to issue its quarterly earnings report in the upcoming extended-hours session.
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Last 12 Qtrs Positive Only Price Reactions Percent of time added to extended-hours gains: 50% Average next regular session additional gain: 1% Over the prior three fiscal years (12 quarters), when shares of DDS rose in the extended-hours session in reaction to its earnings announcement, history shows that 50.0% of the time (2 events) the stock posted additional gains in the following regular session by an average of 1.0%. Last 12 Qtrs Negative Only Price Reactions Percent of time added to extended-hours losses: 66.7% Average next regular session additional loss: 4.7% Over that same historical period, when shares of DDS dropped in the extended-hours in reaction to its earnings announcement, history shows that 66.7% of the time (2 events) the stock dropped further, adding to the extended-hours losses by an average of 4.7% by the following regular session close. Extended-Hours Dollar Volume: $1,683,166 Dillards Inc CL A ( DDS ) is due to issue its quarterly earnings report in the upcoming extended-hours session.
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Last 12 Qtrs Positive Only Price Reactions Percent of time added to extended-hours gains: 50% Average next regular session additional gain: 1% Over the prior three fiscal years (12 quarters), when shares of DDS rose in the extended-hours session in reaction to its earnings announcement, history shows that 50.0% of the time (2 events) the stock posted additional gains in the following regular session by an average of 1.0%. Last 12 Qtrs Negative Only Price Reactions Percent of time added to extended-hours losses: 66.7% Average next regular session additional loss: 4.7% Over that same historical period, when shares of DDS dropped in the extended-hours in reaction to its earnings announcement, history shows that 66.7% of the time (2 events) the stock dropped further, adding to the extended-hours losses by an average of 4.7% by the following regular session close. Extended-Hours Dollar Volume: $1,683,166 Dillards Inc CL A ( DDS ) is due to issue its quarterly earnings report in the upcoming extended-hours session.
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Extended-Hours Dollar Volume: $1,683,166 Dillards Inc CL A ( DDS ) is due to issue its quarterly earnings report in the upcoming extended-hours session. Last 12 Qtrs Positive Only Price Reactions Percent of time added to extended-hours gains: 50% Average next regular session additional gain: 1% Over the prior three fiscal years (12 quarters), when shares of DDS rose in the extended-hours session in reaction to its earnings announcement, history shows that 50.0% of the time (2 events) the stock posted additional gains in the following regular session by an average of 1.0%. Historical earnings event related premarket and after-hours trading activity in DDS indicates that the price change in the extended hours is likely to be of limited value in forecasting additional price movement by the following regular session close.
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50e44e59-6c42-4cef-984b-28263a619bd6
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719950.0
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2015-11-13 00:00:00 UTC
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Pre-Market Earnings Report for November 16, 2015 : JD, DDS, DPRX, EPRS, ANY, ARGS, BLRX, SORL, PPSI, MDLY, ASUR, FSNN
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DDS
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https://www.nasdaq.com/articles/pre-market-earnings-report-november-16-2015-jd-dds-dprx-eprs-any-args-blrx-sorl-ppsi-mdly
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nan
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nan
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The following companies are expected to report earnings prior to market open on 11/16/2015. Visit our Earnings Calendar for a full list of expected earnings releases.
JD.com, Inc. ( JD ) is reporting for the quarter ending September 30, 2015. The internet company's consensus earnings per share forecast from the 2 analysts that follow the stock is $-0.05. This value represents a 350.00% decrease compared to the same quarter last year. In the past year JD and beat the expectations the other three quarters. Zacks Investment Research reports that the 2015 Price to Earnings ratio for JD is -119.92 vs. an industry ratio of 57.70.
Dillard's, Inc. ( DDS ) is reporting for the quarter ending October 31, 2015. The retail company's consensus earnings per share forecast from the 4 analysts that follow the stock is $1.15. This value represents a 4.96% decrease compared to the same quarter last year. The "days to cover" for this stock exceeds 10 days. Zacks Investment Research reports that the 2016 Price to Earnings ratio for DDS is 10.98 vs. an industry ratio of 6.20, implying that they will have a higher earnings growth than their competitors in the same industry.
Dipexium Pharmaceuticals, Inc. ( DPRX ) is reporting for the quarter ending September 30, 2015. The drug company's consensus earnings per share forecast from the 3 analysts that follow the stock is $-0.47. This value represents a 4.44% decrease compared to the same quarter last year. The last two quarters DPRX had negative earnings surprises; the latest report they missed by -9.3%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for DPRX is -6.14 vs. an industry ratio of 1.60.
EPIRUS Biopharmaceuticals, Inc. ( EPRS ) is reporting for the quarter ending September 30, 2015. The biomedical (gene) company's consensus earnings per share forecast from the 3 analysts that follow the stock is $-0.47. This value represents a 63.28% increase compared to the same quarter last year. The "days to cover" for this stock exceeds 16 days. Zacks Investment Research reports that the 2015 Price to Earnings ratio for EPRS is -2.53 vs. an industry ratio of -11.00, implying that they will have a higher earnings growth than their competitors in the same industry.
Sphere 3D Corp. ( ANY ) is reporting for the quarter ending September 30, 2015. The information technology services company's consensus earnings per share forecast from the 1 analyst that follows the stock is $-0.14. This value represents a 100.00% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2015 Price to Earnings ratio for ANY is -4.29 vs. an industry ratio of 85.40.
Argos Therapeutics, Inc. ( ARGS ) is reporting for the quarter ending September 30, 2015. The biomedical (gene) company's consensus earnings per share forecast from the 4 analysts that follow the stock is $-0.94. This value represents a 22.08% decrease compared to the same quarter last year. The "days to cover" for this stock exceeds 18 days. Zacks Investment Research reports that the 2015 Price to Earnings ratio for ARGS is -1.19 vs. an industry ratio of -11.00, implying that they will have a higher earnings growth than their competitors in the same industry.
BioLineRx Ltd. ( BLRX ) is reporting for the quarter ending September 30, 2015. The drug company's consensus earnings per share forecast from the 1 analyst that follows the stock is $-0.08. This value represents a 300.00% decrease compared to the same quarter last year. BLRX missed the consensus earnings per share in the 4th calendar quarter of 2014 by -10%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for BLRX is -3.71 vs. an industry ratio of 1.60.
SORL Auto Parts, Inc. ( SORL ) is reporting for the quarter ending September 30, 2015. The auto (truck) company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.20. This value represents a 33.33% increase compared to the same quarter last year. SORL missed the consensus earnings per share in the 2nd calendar quarter of 2015 by -42.86%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for SORL is 3.43 vs. an industry ratio of 19.30.
Pioneer Power Solutions, Inc. ( PPSI ) is reporting for the quarter ending September 30, 2015. The machinery company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.05. This value represents a 82.14% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2015 Price to Earnings ratio for PPSI is 25.76 vs. an industry ratio of 10.80, implying that they will have a higher earnings growth than their competitors in the same industry.
Medley Management Inc. ( MDLY ) is reporting for the quarter ending September 30, 2015. The finance/investment management company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.22. This value represents a 12.00% decrease compared to the same quarter last year. The "days to cover" for this stock exceeds 26 days. Zacks Investment Research reports that the 2015 Price to Earnings ratio for MDLY is 5.68 vs. an industry ratio of 12.50.
Asure Software Inc ( ASUR ) is reporting for the quarter ending September 30, 2015. The internet services company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.08. This value represents a 60.00% increase compared to the same quarter last year. Zacks Investment Research reports that the 2015 Price to Earnings ratio for ASUR is 25.05 vs. an industry ratio of 0.80, implying that they will have a higher earnings growth than their competitors in the same industry.
Fusion Telecommunications International, Inc. ( FSNN ) is reporting for the quarter ending September 30, 2015. The internet software company's consensus earnings per share forecast from the 1 analyst that follows the stock is $-0.36. This value represents a 89.47% decrease compared to the same quarter last year. FSNN missed the consensus earnings per share in the 2nd calendar quarter of 2015 by -13.95%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for FSNN is -1.81 vs. an industry ratio of 9.80.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Dillard's, Inc. ( DDS ) is reporting for the quarter ending October 31, 2015. Zacks Investment Research reports that the 2016 Price to Earnings ratio for DDS is 10.98 vs. an industry ratio of 6.20, implying that they will have a higher earnings growth than their competitors in the same industry. The biomedical (gene) company's consensus earnings per share forecast from the 3 analysts that follow the stock is $-0.47.
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Zacks Investment Research reports that the 2016 Price to Earnings ratio for DDS is 10.98 vs. an industry ratio of 6.20, implying that they will have a higher earnings growth than their competitors in the same industry. Dillard's, Inc. ( DDS ) is reporting for the quarter ending October 31, 2015. Zacks Investment Research reports that the 2015 Price to Earnings ratio for EPRS is -2.53 vs. an industry ratio of -11.00, implying that they will have a higher earnings growth than their competitors in the same industry.
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Zacks Investment Research reports that the 2016 Price to Earnings ratio for DDS is 10.98 vs. an industry ratio of 6.20, implying that they will have a higher earnings growth than their competitors in the same industry. Dillard's, Inc. ( DDS ) is reporting for the quarter ending October 31, 2015. Zacks Investment Research reports that the 2015 Price to Earnings ratio for EPRS is -2.53 vs. an industry ratio of -11.00, implying that they will have a higher earnings growth than their competitors in the same industry.
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Dillard's, Inc. ( DDS ) is reporting for the quarter ending October 31, 2015. Zacks Investment Research reports that the 2016 Price to Earnings ratio for DDS is 10.98 vs. an industry ratio of 6.20, implying that they will have a higher earnings growth than their competitors in the same industry. In the past year JD and beat the expectations the other three quarters.
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675bf9b4-0d01-44af-97f1-f96dc51bd6a7
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719951.0
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2015-11-11 00:00:00 UTC
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Wednesday Sector Laggards: Oil & Gas Equipment & Services, Department Stores
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DDS
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https://www.nasdaq.com/articles/wednesday-sector-laggards-oil-gas-equipment-services-department-stores-2015-11-11
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nan
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In trading on Wednesday, oil & gas equipment & services shares were relative laggards, down on the day by about 4.4%. Helping drag down the group were shares of Atwood Oceanics ( ATW ), down about 10.8% and shares of Newpark Resources ( NR ) off about 5.5% on the day.
Also lagging the market Wednesday are department stores shares, down on the day by about 3.9% as a group, led down by Dillard's ( DDS ), trading lower by about 7.4% and Sears Holdings ( SHLD ), trading lower by about 4.3%.
VIDEO: Wednesday Sector Laggards: Oil & Gas Equipment & Services, Department Stores
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Also lagging the market Wednesday are department stores shares, down on the day by about 3.9% as a group, led down by Dillard's ( DDS ), trading lower by about 7.4% and Sears Holdings ( SHLD ), trading lower by about 4.3%. In trading on Wednesday, oil & gas equipment & services shares were relative laggards, down on the day by about 4.4%. VIDEO: Wednesday Sector Laggards: Oil & Gas Equipment & Services, Department Stores The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Also lagging the market Wednesday are department stores shares, down on the day by about 3.9% as a group, led down by Dillard's ( DDS ), trading lower by about 7.4% and Sears Holdings ( SHLD ), trading lower by about 4.3%. In trading on Wednesday, oil & gas equipment & services shares were relative laggards, down on the day by about 4.4%. VIDEO: Wednesday Sector Laggards: Oil & Gas Equipment & Services, Department Stores The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Also lagging the market Wednesday are department stores shares, down on the day by about 3.9% as a group, led down by Dillard's ( DDS ), trading lower by about 7.4% and Sears Holdings ( SHLD ), trading lower by about 4.3%. VIDEO: Wednesday Sector Laggards: Oil & Gas Equipment & Services, Department Stores The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Also lagging the market Wednesday are department stores shares, down on the day by about 3.9% as a group, led down by Dillard's ( DDS ), trading lower by about 7.4% and Sears Holdings ( SHLD ), trading lower by about 4.3%. In trading on Wednesday, oil & gas equipment & services shares were relative laggards, down on the day by about 4.4%. Helping drag down the group were shares of Atwood Oceanics ( ATW ), down about 10.8% and shares of Newpark Resources ( NR ) off about 5.5% on the day.
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06aeeb43-ed19-4927-ae1d-19ee40bcceca
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719952.0
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2015-11-10 00:00:00 UTC
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Notable Tuesday Option Activity: DDS, BID, SHAK
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DDS
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https://www.nasdaq.com/articles/notable-tuesday-option-activity-dds-bid-shak-2015-11-10
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nan
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Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Dillard's Inc. (Symbol: DDS), where a total of 4,593 contracts have traded so far, representing approximately 459,300 underlying shares. That amounts to about 119.5% of DDS's average daily trading volume over the past month of 384,215 shares. Particularly high volume was seen for the $80 strike put option expiring November 20, 2015 , with 1,373 contracts trading so far today, representing approximately 137,300 underlying shares of DDS. Below is a chart showing DDS's trailing twelve month trading history, with the $80 strike highlighted in orange:
And Shake Shack Inc (Symbol: SHAK) options are showing a volume of 5,055 contracts thus far today. That number of contracts represents approximately 505,500 underlying shares, working out to a sizeable 66% of SHAK's average daily trading volume over the past month, of 765,405 shares. Especially high volume was seen for the $49 strike put option expiring November 20, 2015 , with 2,433 contracts trading so far today, representing approximately 243,300 underlying shares of SHAK. Below is a chart showing SHAK's trailing twelve month trading history, with the $49 strike highlighted in orange:
For the various different available expirations for DDS options , BID options , or SHAK options , visit StockOptionsChannel.com.
Today's Most Active Call & Put Options of the S&P 500 »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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That amounts to about 119.5% of DDS's average daily trading volume over the past month of 384,215 shares. Particularly high volume was seen for the $80 strike put option expiring November 20, 2015 , with 1,373 contracts trading so far today, representing approximately 137,300 underlying shares of DDS. Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Dillard's Inc. (Symbol: DDS), where a total of 4,593 contracts have traded so far, representing approximately 459,300 underlying shares.
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Particularly high volume was seen for the $80 strike put option expiring November 20, 2015 , with 1,373 contracts trading so far today, representing approximately 137,300 underlying shares of DDS. Below is a chart showing DDS's trailing twelve month trading history, with the $80 strike highlighted in orange: And Shake Shack Inc (Symbol: SHAK) options are showing a volume of 5,055 contracts thus far today. Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Dillard's Inc. (Symbol: DDS), where a total of 4,593 contracts have traded so far, representing approximately 459,300 underlying shares.
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Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Dillard's Inc. (Symbol: DDS), where a total of 4,593 contracts have traded so far, representing approximately 459,300 underlying shares. Particularly high volume was seen for the $80 strike put option expiring November 20, 2015 , with 1,373 contracts trading so far today, representing approximately 137,300 underlying shares of DDS. Below is a chart showing SHAK's trailing twelve month trading history, with the $49 strike highlighted in orange: For the various different available expirations for DDS options , BID options , or SHAK options , visit StockOptionsChannel.com.
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Particularly high volume was seen for the $80 strike put option expiring November 20, 2015 , with 1,373 contracts trading so far today, representing approximately 137,300 underlying shares of DDS. Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Dillard's Inc. (Symbol: DDS), where a total of 4,593 contracts have traded so far, representing approximately 459,300 underlying shares. That amounts to about 119.5% of DDS's average daily trading volume over the past month of 384,215 shares.
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7a90eb92-7325-4d2a-abd0-558c4742751f
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719953.0
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2015-11-09 00:00:00 UTC
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Dillard's (DDS) to Report Q3 Earnings: What to Expect?
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DDS
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https://www.nasdaq.com/articles/dillards-dds-to-report-q3-earnings%3A-what-to-expect-2015-11-09
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nan
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nan
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Dillard's Inc.DDS is expected to report third-quarter fiscal 2015 results on Nov 12. In the last quarter, the company delivered a positive earnings surprise of 2.7%. Let's see how things are shaping up for this announcement.
Factors Influencing this Quarter
Though Dillard's posted better-than-expected results in the last quarter, earnings declined year over year due to weak margins and higher operating expenses. Moreover, the company's earnings have underperformed the Zacks Consensus Estimate by an average of roughly 2% over the past four quarters. Further, Dillard's guidance for fiscal 2015 indicates significant cost pressures which may hurt the bottom line again. While these factors keep us cautious of the upcoming results, we remain impressed with the company's focus on increasing productivity at existing stores, developing a leading omni-channel platform and enhancing its domestic operations to support top- and bottom-line growth. Consequently, we would prefer to wait and see what's in store for Dilliard's in the quarter to be reported.
Earnings Whispers
Our proven model does not conclusively show that Dillard's is likely to beat earnings this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1, 2 or 3 for this to happen. This is not the case here, as you will see below:
Zacks ESP: Earnings ESP for Dillard's is currently pegged at -9.92%. This is because the Most Accurate estimate of $1.09 stands below the Zacks Consensus Estimate of $1.21.
Zacks Rank: Dillard's Zacks Rank #3 (Hold) increases the predictive power of ESP. However, we need to have a positive ESP to be confident about an earnings surprise.
We caution against stocks with a Zacks Rank #4 or 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions.
Stocks that Warrant a Look
Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat this quarter:
The Kroger Co. KR has an Earnings ESP of +2.56% and a Zacks Rank #2 (Buy).
Inter Parfums Inc. IPAR has an Earnings ESP of +15.00% and a Zacks Rank #2.
Campbell Soup Company CPB has an Earnings ESP of +2.63% and a Zacks Rank #3.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
KROGER CO (KR): Free Stock Analysis Report
DILLARDS INC-A (DDS): Free Stock Analysis Report
CAMPBELL SOUP (CPB): Free Stock Analysis Report
INTER PARFUMS (IPAR): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Dillard's Inc.DDS is expected to report third-quarter fiscal 2015 results on Nov 12. Click to get this free report KROGER CO (KR): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report CAMPBELL SOUP (CPB): Free Stock Analysis Report INTER PARFUMS (IPAR): Free Stock Analysis Report To read this article on Zacks.com click here. Moreover, the company's earnings have underperformed the Zacks Consensus Estimate by an average of roughly 2% over the past four quarters.
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Click to get this free report KROGER CO (KR): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report CAMPBELL SOUP (CPB): Free Stock Analysis Report INTER PARFUMS (IPAR): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's Inc.DDS is expected to report third-quarter fiscal 2015 results on Nov 12. Stocks that Warrant a Look Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat this quarter: The Kroger Co. KR has an Earnings ESP of +2.56% and a Zacks Rank #2 (Buy).
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Click to get this free report KROGER CO (KR): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report CAMPBELL SOUP (CPB): Free Stock Analysis Report INTER PARFUMS (IPAR): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's Inc.DDS is expected to report third-quarter fiscal 2015 results on Nov 12. We caution against stocks with a Zacks Rank #4 or 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions.
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Click to get this free report KROGER CO (KR): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report CAMPBELL SOUP (CPB): Free Stock Analysis Report INTER PARFUMS (IPAR): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's Inc.DDS is expected to report third-quarter fiscal 2015 results on Nov 12. We caution against stocks with a Zacks Rank #4 or 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions.
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ba460011-f014-48f0-959e-505495b5d7e6
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719954.0
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2015-10-12 00:00:00 UTC
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4 Great Retail Stocks for the Holiday Season
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DDS
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https://www.nasdaq.com/articles/4-great-retail-stocks-holiday-season-2015-10-12
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nan
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By Rebecca McClay, InvestorPlace Contributor
An overall healthy holiday shopping season is right around the corner, and retailers that have had a generally lackluster year thus far are more than ready to welcome a resurgence in spending, offering a handful of ideal retail stocks to buy now.
Holiday spending is expected to increase 3.9% from last year’s season, according to data released Wednesday from FTI Consulting.
While the increase includes the traditional holiday shopping frenzies, such as the Black Friday and Cyber Monday rushes that should boost retail stocks, the increase is also tempered from the 5.2% increase 2014 spending drew over 2013.
Consumer confidence is fairly high but off its peaks from earlier this year, while recent wage level increases have not been enough to heat up consumer spending. But the holiday shopping season is a prime time to perhaps restore some spending luster.
PLUS: 7 A-Rated Cheap Stocks Under $10
The retail industry has had a robust past year, with the SPDR S&P Retail ETF (XRT) up more than 12% from October 2014, but the retail stocks sector is down 4% year-to-date, leaving plenty of room for a holiday rebound on the expected sales increases, so long as the economy doesn’t suffer any significant setbacks before then.
Here are four ideal larger retail stocks to buy for what what’s likely to be a holiday shopping season that FTI Consulting describes as “neither encouraging nor discouraging.”
JCPenney (JCP)
JCPenney (JCP), in the midst of a turnaround after having been on the brink of bankruptcy, is among the better retail stock plays this season, primarily for its ample room to return to being a competitive department store.
Known for its more affordable clothes, JCPenney just landed a new chief merchant officer who can give the brand a boost with a fresh fashion perspective.
Now, JCPenney is targeting the younger teen market with a new brand, Belle & Sky, with hopes to take market share from Forever 21 and H&M (HNNMY).
JCP stock is up 49% since the start of this year, in contrast to Macy’s (M), Kohl’s (KSS) and Sears (SHLD), which are all down more than 20% year-to-date.
Clearly, the company’s efforts to reduce costs with moves like closing 40 of its 1,060 stores this year are paying off.
DSW (DSW)
Sure, shoes aren’t exactly the number one holiday gift choice, but Columbus, Ohio-based DSW (DSW) can welcome its own seasonal traffic with consumers stocking up on winter footwear.
DSW stock, down 32% year-to-date, is offering investors low prices for a company with a strong underlying financial foundation. DSW stock’s valuation of 13.7 is a bit more of a bargain than other shoe retailers, including Foot Locker (FL) with 17.8 and Shoe Carnival (SCVL) with 16.
Competitor Finish Line (FINL) does offer a lower 11.3 valuation.
DSW stock has been on a slide since about August, when many shoe retailers were reporting disappointing sales that triggered sector-wide sell-offs. But these new three-year lows are offering an ideal entry point for investors before the holiday season.
After all, DSW has been reporting increases in profits and revenue, including second-quarter earnings of 42 cents per share, up from 37 cents a year prior. Second-quarter sales of $627 million were short of the Street view but up from $587 million a year prior.
DSW promotes and sells its own private-label brands like The Audrey Brooke, Kelly & Katie, Lulu Townsend and Poppie Jones, as well as a slew of well-known brand names.
It’s expanding into Canada with a partnership with Town Shoes.
Target (TGT)
Target (TGT) not only offers a perfect one-stop location for holiday shopping with its diverse array of clothing, electronics and toys, but its stock is also a good buy now.
Just in time for the holidays, Target recently said it will offer Apple‘s (AAPL) Apple Watch in stores by Oct. 25 — one of many ideal holiday gifts Target promotes.
Target is even gaining competitive traction in the online shopping sphere after it announced it would start matching online prices of 29 competitors like Wal-Mart (WMT), Costco (COST) and Best Buy (BBY).
TGT stock has had a volatile year, with shares now up 3.7% year-to-date, but trading at near $79 per share, still off their 52-week peak of $85.81.
In the past year, TGT stock has risen 30%, generally positive momentum that can easily resume with a healthy holiday shopping season.
Nordstrom (JWN)
Seattle-based Nordstrom’s (JWN) some 118 upscale department stores often serve as mall anchors, and of course, malls tend to draw impressive holiday crowds.
Nordstrom’s is also a bargain buy now thanks to recent sell-offs. JWN stock is down 13.6% year-to-date, trading near its 52-week low of $66.81, but with plenty of room to rebound.
On a cautionary note, while JWN stock prices are low compared to their own trading history and potential, they are a bit higher than their competitors in terms of valuation. JWN stock’s price-to-earnings ratio is 18.1 versus Dillard’s (DDS) with 11.6 and Macy’s with 12.6.
But Nordstrom is garnering positive attention from Street firms like Citigroup, which initiated coverage on JWN stock Wednesday with a “buy” rating and a $92 price target.
As of this writing, Rebecca McClay did not hold a position in any of the aforementioned securities.
This article was originally published on InvestorPlace Media.
Plus:
Another Reason To Buy HP Stock for the Long Term
7 Blue-Chip Stocks for a Santa Claus Rally
ABBV: A Great Way to Play Healthcare’s Comeback
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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JWN stock’s price-to-earnings ratio is 18.1 versus Dillard’s (DDS) with 11.6 and Macy’s with 12.6. In the past year, TGT stock has risen 30%, generally positive momentum that can easily resume with a healthy holiday shopping season. On a cautionary note, while JWN stock prices are low compared to their own trading history and potential, they are a bit higher than their competitors in terms of valuation.
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JWN stock’s price-to-earnings ratio is 18.1 versus Dillard’s (DDS) with 11.6 and Macy’s with 12.6. PLUS: 7 A-Rated Cheap Stocks Under $10 The retail industry has had a robust past year, with the SPDR S&P Retail ETF (XRT) up more than 12% from October 2014, but the retail stocks sector is down 4% year-to-date, leaving plenty of room for a holiday rebound on the expected sales increases, so long as the economy doesn’t suffer any significant setbacks before then. DSW stock, down 32% year-to-date, is offering investors low prices for a company with a strong underlying financial foundation.
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JWN stock’s price-to-earnings ratio is 18.1 versus Dillard’s (DDS) with 11.6 and Macy’s with 12.6. By Rebecca McClay, InvestorPlace Contributor An overall healthy holiday shopping season is right around the corner, and retailers that have had a generally lackluster year thus far are more than ready to welcome a resurgence in spending, offering a handful of ideal retail stocks to buy now. PLUS: 7 A-Rated Cheap Stocks Under $10 The retail industry has had a robust past year, with the SPDR S&P Retail ETF (XRT) up more than 12% from October 2014, but the retail stocks sector is down 4% year-to-date, leaving plenty of room for a holiday rebound on the expected sales increases, so long as the economy doesn’t suffer any significant setbacks before then.
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JWN stock’s price-to-earnings ratio is 18.1 versus Dillard’s (DDS) with 11.6 and Macy’s with 12.6. By Rebecca McClay, InvestorPlace Contributor An overall healthy holiday shopping season is right around the corner, and retailers that have had a generally lackluster year thus far are more than ready to welcome a resurgence in spending, offering a handful of ideal retail stocks to buy now. DSW stock’s valuation of 13.7 is a bit more of a bargain than other shoe retailers, including Foot Locker (FL) with 17.8 and Shoe Carnival (SCVL) with 16.
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88ae5fb1-b4fd-43bc-940c-0877e8a2ee5f
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719955.0
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2015-09-17 00:00:00 UTC
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Choosing Common Stocks That Make Sense For Your Retirement Portfolio: Part 2
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DDS
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https://www.nasdaq.com/articles/choosing-common-stocks-make-sense-your-retirement-portfolio-part-2-2015-09-17
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nan
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nan
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By Chuck Carnevale :
Introduction
Choosing the most appropriate stocks for the common stock portion of your retirement portfolio is vitally important. In part 1 of this series found here , I presented the 6 broad categories of stocks (businesses) that renowned mutual fund manager Peter Lynch presented in his best-selling book "One Up On Wall Street." I contend that the 6 categories that Peter Lynch wrote about establish a solid foundation of understanding of what's generally available in the common stock universe. Additionally, I pointed out that these categories were very broad, and suggested that there were significant differences between the individual companies in each broad category.
In this part 2, I will elaborate on a few of the major differences in order to illustrate ways that investors can match the most appropriate stocks to their specific individual investment objectives. However, what I will be offering is more strategic in nature than specific. In other words, my objective will be to provide common stock investing strategies that investors can utilize and implement that are consistent with their specific goals, needs, objectives and risk tolerances. In my personal opinion, the idea that a stock should be chosen in accordance with specific investment objectives is paramount.
Is Your Primary Investment Objective Income or Growth?
In a similar fashion with which Peter Lynch presented his 6 broad categories of businesses, there are 2 primary but broad investment objectives that are generally appropriate for specific portfolios. These 2 broad investment objective categories are income and/or growth. However, these investment objective categories are usually not exclusive. In other words, for most every investor, both investment objective categories are often required. But they will be appropriate at varying degrees or levels of importance for each individual investor.
For example, an investor already in retirement and thereby living off the income their investments are generating would obviously be more concerned with maximum income. In the same vein, it would be prudent to the already retired investor to also be concerned with having their income grow in order to keep up with inflation. Consequently, future income growth might take precedence over growth of capital. Of course, growth of both income and capital would be ideal.
In contrast, an investor planning for retirement, but with several years to go, might be more concerned with both growth of capital and growth of income. The primary objective would be towards having the potential of a greater level of future income when it would be needed. And of course, there would be many unique investment objectives in between. Therefore, in my opinion, the key to choosing the most appropriate stocks is to choose those with the characteristics that offer the potential to meet your unique, individual and specific goals.
Moreover, in order to successfully accomplish your goals, the most critical first step is to clearly define them. Once your investment objectives and goals are clearly defined, it becomes much easier to focus only on common stocks that possess the appropriate characteristics consistent with those goals.
Help and Perspectives from Readers' Comments
Serendipitously, I received a couple of comments on part 1 of this article series that I feel contribute greatly to the content of this part 2. The first comment I received shared the 8 stock types that Morningstar utilizes. Although Morningstar provided a couple of additional categories, for the most part, its stock types were consistent with what Peter Lynch wrote about.
Consequently, I offer the following comment, and as I did in part 1, I present an example of each through the lens of F.A.S.T. Graphs that closely reflect the commentary following each Morningstar stock type. Importantly, these examples are not recommendations. These examples are only offered to illustrate examples of the various stock types that Morningstar suggests. Here is the comment with examples:
Harsco Corp. ( HSC )
Harsco - Cash Flows
(click to enlarge)
Harsco - Earnings
(click to enlarge)
Author's note: I elected to provide 2 Dividend Aristocrat examples in this high-yield stock type. However, because the focus here is on dividend yield, I present the first utilizing cash flows and the second which is a REIT utilizing funds from operations.
Procter & Gamble ( PG )
(click to enlarge)
HCP, Inc. ( HCP )
(click to enlarge)
Author's note: Just as I stated in part 1, I found it difficult to find a hard asset play. Therefore, I offer the following example as a result and suggestion from another comment I received in part 1 of this series.
Macy's, Inc.
(click to enlarge)
Dillard's, Inc. ( DDS )
(click to enlarge)
Akorn, Inc. (AKRX)
(click to enlarge)
Akorn revenues (sales) per share (last 5 years)
(click to enlarge)
Celgene Corp. (CELG)
Celgene revenues (sales)
(click to enlarge)
Celgene earnings
(click to enlarge)
McKesson Corporation (MCK)
McKesson revenues (sales)
(click to enlarge)
McKesson earnings
(click to enlarge)
McKesson dividends
(click to enlarge)
Archer Daniels Midland Co. (ADM)
(click to enlarge)
The above 8 stock types from Morningstar with examples are offered to provide additional insights into what types of stocks are available for investors to choose from. Now that we have a perspective on what types of stocks are generally available, it's time to move on to how they might fit into a retirement portfolio.
Ancient Portfolio Reality
My entry into the financial industry predated the ubiquitous acceptance of modern portfolio theory ((MPT)). Consequently, the way I was originally taught to construct portfolios was significantly different than what is being taught in the modern MPT era. Instead of designing portfolios by diversifying across numerous asset classes, I was taught to design portfolios based on meeting specific investment objectives. Therefore, I refer to what I originally learned as "Ancient Portfolio Reality."
However, I do want to be clear before I go on any further. This series of articles relates solely to the equity portion of an investor's portfolio. In other words, the focus is on how to construct a common stock portfolio in order to meet specific goals, objectives and needs. The equity portion could be a small or large percentage of an individual's portfolio according to their own beliefs and risk tolerances. Nevertheless, this series of articles is only about strategies for building equity portfolios that make sense.
Getting back to my early teachings, I was schooled to think in terms of investment objectives and how they related to risk tolerances. Today, equities are more often discussed in terms of value or growth and cap-size. For example, equity mutual funds are now given names such as US large-cap core, large-cap growth or value, mid-cap growth or value, etc.
In my early days, equity mutual funds were named more in accordance with their investment objective and risk. As I indicated earlier, the primary objectives that funds were named for related to income or growth. Consequently, equity funds oriented towards growth were often classified as conservative, moderate or aggressive growth funds. Likewise, equity funds oriented towards income were often classified as high, moderate or low yield offerings.
In the same vein, funds that were focused on both growth and income were also classified according to risk and/or their emphasis on either growth or income. These would be called something like aggressive growth and income, moderate growth and income or conservative growth and income.
The same investment objective orientation also applied to classifying individual common stocks. Personally, I found the old method of categorizing equities more rational because of the investment objective focus it provided. In other words, when I invested in an aggressive growth stock, I realized that I was investing aggressively and that my objective was for maximum growth.
Similarly, when I invested in conservative growth and income, I realized I was taking on less risk and that there was a dividend income component associated. Furthermore, I also recognize that I should expect a lower rate of growth because I was assuming less risk. The end result was that I felt I had a better perspective and understanding of what I was investing for as well as where my returns were coming from. With this invest by objective perspective, investing just seemed more logical and more appropriately focused.
This takes me to the second comment I received on my part 1 of this article series that I felt contributed to the theme of this part 2. With this comment, the reader shared his approach to how he picks his stocks. However, he referred to the fact that he used 3 categories, but in my mind he was discussing picking stocks by investment objectives as I discussed above rather than categories. Therefore, below I offer his comments and also include examples utilizing F.A.S.T. Graphs with an emphasis on the investment returns and their source:
Examples of Income Stocks (Slow Growers)
I believe the following examples reflect the "income stocks (slow growers)" that the above portion of the comment referred to. However, the emphasis here is on income, because not all of the following examples are necessarily slow growers. Note that most of them do underperform the S&P 500 as suggested on a capital appreciation basis, but also notice how they all outperformed the S&P 500 on a total dividends paid basis.
SCANA Corp. (SCG)
(click to enlarge)
(click to enlarge)
Johnson & Johnson (JNJ)
(click to enlarge)
(click to enlarge)
General Mills (GIS)
(click to enlarge)
(click to enlarge)
Omega Healthcare Investors, Inc. (OHI)
(click to enlarge)
(click to enlarge)
Examples of Growth and Income Stocks
With these examples notice how the current yields are lower than the income stocks presented above, but also notice the higher rates of growth that each possesses. But even more interestingly, notice that they did beat the S&P 500 on a total return basis as suggested. However, I also found it significant that they also produced more total dividend income than the S&P 500.
Valspar Corp. (VAL)
(click to enlarge)
(click to enlarge)
Ameriprise Financial, Inc. (AMP)
(click to enlarge)
(click to enlarge)
For anyone interested in seeing more examples of growth and income stocks, I recently wrote an article found here where I presented 12 that were also attractively valued.
Examples of Growth Stocks
I generally agree with how the above comment depicted growth stocks. However, I would add that they are clearly riskier, but the potential total returns they are capable of producing are often worth it. Each of the 3 examples below significantly outperformed the S&P 500 since the Great Recession. I consider this especially noteworthy considering that this period of time represents one of the S&P 500's best performance achievements.
Express Scripts Holding Co. (ESRX)
(click to enlarge)
(click to enlarge)
Cognizant Technology Solutions (CTSH)
(click to enlarge)
(click to enlarge)
NetEase, Inc. (NTES)
(click to enlarge)
(click to enlarge)
This final portion of the comment from part 1 of this series serves as a segue into what I will be covering in part 3. Here the reader offers some insights into what proportions of income stocks, growth and income stocks and growth stocks that he includes in his own portfolio. He also offers some insights into stock categories that he tends to avoid.
Summary and Conclusions
In part 1 of this series, I primarily focused on describing the primary categories of stocks available for investors to choose from. In this part 2, I elaborated more on the primary categories, but also offered some perspectives on how they fit specific investment objectives. In the next, part 3, I will present several examples of specific strategies on how these categories can be utilized and implemented towards building successful long-term equity portfolios. But most importantly, I will be presenting various strategies that accommodate different levels of risk tolerance as well as objectives and needs.
Obviously, I will not be presenting every possible portfolio construction strategy that exists. That would be impossible, because the options are virtually infinite. However, I will be sharing strategies that I have personally utilized successfully, as well as strategies that many of the world's most renowned and successful investors recommend. At the end of the day, my primary objective for presenting this series of articles is to assist the reader in thinking logically about how they construct the equity portion of their portfolios.
Disclosure: Long OHI, CTSH, ESRX, AMP, HCP, PG, SCG, ADM, JNJ, GIS at the time of writing.
Disclaimer:The opinions in this document are for informational and educational purposes only and should not be construed as a recommendation to buy or sell the stocks mentioned or to solicit transactions or clients. Past performance of the companies discussed may not continue and the companies may not achieve the earnings growth as predicted. The information in this document is believed to be accurate, but under no circumstances should a person act upon the information contained within. We do not recommend that anyone act upon any investment information without first consulting an investment advisor as to the suitability of such investments for his specific situation.
See also DivHut Portfolio Update: September 2015 on seekingalpha.com
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Macy's, Inc. (click to enlarge) Dillard's, Inc. ( DDS ) (click to enlarge) Akorn, Inc. (AKRX) (click to enlarge) Akorn revenues (sales) per share (last 5 years) (click to enlarge) Celgene Corp. (CELG) Celgene revenues (sales) (click to enlarge) Celgene earnings (click to enlarge) McKesson Corporation (MCK) McKesson revenues (sales) (click to enlarge) McKesson earnings (click to enlarge) McKesson dividends (click to enlarge) Archer Daniels Midland Co. (ADM) (click to enlarge) The above 8 stock types from Morningstar with examples are offered to provide additional insights into what types of stocks are available for investors to choose from. In this part 2, I will elaborate on a few of the major differences in order to illustrate ways that investors can match the most appropriate stocks to their specific individual investment objectives. At the end of the day, my primary objective for presenting this series of articles is to assist the reader in thinking logically about how they construct the equity portion of their portfolios.
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Macy's, Inc. (click to enlarge) Dillard's, Inc. ( DDS ) (click to enlarge) Akorn, Inc. (AKRX) (click to enlarge) Akorn revenues (sales) per share (last 5 years) (click to enlarge) Celgene Corp. (CELG) Celgene revenues (sales) (click to enlarge) Celgene earnings (click to enlarge) McKesson Corporation (MCK) McKesson revenues (sales) (click to enlarge) McKesson earnings (click to enlarge) McKesson dividends (click to enlarge) Archer Daniels Midland Co. (ADM) (click to enlarge) The above 8 stock types from Morningstar with examples are offered to provide additional insights into what types of stocks are available for investors to choose from. Here is the comment with examples: Harsco Corp. ( HSC ) Harsco - Cash Flows (click to enlarge) Harsco - Earnings (click to enlarge) Author's note: I elected to provide 2 Dividend Aristocrat examples in this high-yield stock type. SCANA Corp. (SCG) (click to enlarge) (click to enlarge) Johnson & Johnson (JNJ) (click to enlarge) (click to enlarge) General Mills (GIS) (click to enlarge) (click to enlarge) Omega Healthcare Investors, Inc. (OHI) (click to enlarge) (click to enlarge) Examples of Growth and Income Stocks With these examples notice how the current yields are lower than the income stocks presented above, but also notice the higher rates of growth that each possesses.
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Macy's, Inc. (click to enlarge) Dillard's, Inc. ( DDS ) (click to enlarge) Akorn, Inc. (AKRX) (click to enlarge) Akorn revenues (sales) per share (last 5 years) (click to enlarge) Celgene Corp. (CELG) Celgene revenues (sales) (click to enlarge) Celgene earnings (click to enlarge) McKesson Corporation (MCK) McKesson revenues (sales) (click to enlarge) McKesson earnings (click to enlarge) McKesson dividends (click to enlarge) Archer Daniels Midland Co. (ADM) (click to enlarge) The above 8 stock types from Morningstar with examples are offered to provide additional insights into what types of stocks are available for investors to choose from. SCANA Corp. (SCG) (click to enlarge) (click to enlarge) Johnson & Johnson (JNJ) (click to enlarge) (click to enlarge) General Mills (GIS) (click to enlarge) (click to enlarge) Omega Healthcare Investors, Inc. (OHI) (click to enlarge) (click to enlarge) Examples of Growth and Income Stocks With these examples notice how the current yields are lower than the income stocks presented above, but also notice the higher rates of growth that each possesses. Valspar Corp. (VAL) (click to enlarge) (click to enlarge) Ameriprise Financial, Inc. (AMP) (click to enlarge) (click to enlarge) For anyone interested in seeing more examples of growth and income stocks, I recently wrote an article found here where I presented 12 that were also attractively valued.
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Macy's, Inc. (click to enlarge) Dillard's, Inc. ( DDS ) (click to enlarge) Akorn, Inc. (AKRX) (click to enlarge) Akorn revenues (sales) per share (last 5 years) (click to enlarge) Celgene Corp. (CELG) Celgene revenues (sales) (click to enlarge) Celgene earnings (click to enlarge) McKesson Corporation (MCK) McKesson revenues (sales) (click to enlarge) McKesson earnings (click to enlarge) McKesson dividends (click to enlarge) Archer Daniels Midland Co. (ADM) (click to enlarge) The above 8 stock types from Morningstar with examples are offered to provide additional insights into what types of stocks are available for investors to choose from. Is Your Primary Investment Objective Income or Growth? In the same vein, funds that were focused on both growth and income were also classified according to risk and/or their emphasis on either growth or income.
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1f090514-5f34-4461-9c9f-d6cef1f4667d
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719956.0
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2015-08-24 00:00:00 UTC
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The Hard Fork: Will Bitcoin XT Take?
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DDS
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https://www.nasdaq.com/articles/hard-fork-will-bitcoin-xt-take-2015-08-24
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nan
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nan
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“So this is it. Here we are.” With that uninspired opening, Mike Hearn announced on August 15 a change to Bitcoin’s software that has the potential to generate a hard fork in the blockchain.
It would be his second. In March 2013, a tweak Hearn introduced to version 0.8 caused a discrepancy between miners running that version and the previous one. The fork was resolved quickly, so no harm done. Ironically, though it had to do with the size of blocks.
The difference between that fork and this one is that this time, it’s intentional. The first shot has been fired in a years-long standoff over what may seem like a finicky technical issue, but in fact has enormous implications for Bitcoin’s future: the maximum size of a block in the blockchain.
There’s also a less bellicose metaphor we can use, which supporters seem to prefer: the issue has been put to a vote, a sort of miners’ referendum, so that the bickering and trench-digging can finally stop.
The Block Size Controversy
If you’re unfamiliar with the fight over the maximum block size, this post explains the issue as it stood in mid-July. For a truly exhaustive review, BitcoinWiki’s “Scalability FAQ” leaves no stone unturned.
Briefly, however, the issue revolves around Bitcoin’s potential for scalability. At the moment, the crypto-currency remains relatively niche; it has an active and growing user-base, but by no means the kind of capital or usage a reserve currency enjoys. At $3.2 billion, its market cap is less than that of Dillard's (DDS) or Pandora (P).
If Bitcoin were ever to be adopted by even a couple billion people, the network would grind to a halt, since the current block size limit of 1MB allows for a theoretical maximum of seven transactions per second (in practice, the limit is even lower). People could wait years or decades for their transactions to process. Or, more likely, intermediaries would sidle in, demanding trust and becoming the very financial institutions Bitcoin exists to circumvent.
How to solve this issue has splintered the community. There are those who oppose any change to the block size: leave it as it is, nobody should be using Bitcoin to pay for every cup of coffee anyway. There are many who want to raise the limit, but the specifics of individual proposals vary: BIP 100, in which miners vote on a limit not exceeding 32MB; the Lightning Network, which would track bilateral transactions and only submit the net balance to the blockchain; etc.
But until now, a premium has been placed on near-complete consensus. While this has in effect meant inaction, the alternative could be worse: larger-than-1MB blocks will generate a hard fork, that is, a change that older versions of the Bitcoin software will not accept. A hard fork could be disastrous for the network’s security, primarily because it hamstrings safeguards against double-spending. Bitcoin held before the fork can be spent twice, once on each chain, and Bitcoin received after the fork will only be viable on one chain.
These chains could both continue to build separately, making one or the other in effect an “altcoin.” The longer this situation persists, the harder it will be to reconcile the two blockchains. Even in the best-case scenario, those on the wrong side would lose money, so attitudes would harden, and the division would calcify.
In the worst-case scenario, both pretenders to the throne would be perceived as altcoins, and the fragile germ of legitimacy Bitcoin has cultivated would fade. Things fall apart; the centre cannot hold; Mere government is loosed upon the world.
Mike and Gavin to the Rescue
That is what Mike Hearn, a former Google (GOOG) developer, and Gavin Adresen, one of five Bitcoin Core developers, are risking with Bitcoin XT. They rationalize their technical-political brinksmanship by insisting that there is no time: by the middle of next year, or maybe some time in 2017, the average block will be pushing the 1MB limit.
What happens then? According to some, market forces take over, driving transaction fees up and discouraging those who would spam the system with miniscule transactions. Equilibrium is restored, and fees, while higher, remain low compared to any other payment system.
According to both Adresen and Hearn, this scenario is delusional. Hearn’s take: because of the way the blockchain communicates with wallet apps—or rather, doesn’t—users will see that their transactions are stalled, but not why. Some users will resubmit them with a higher fee, but that may not work, because they will be bidding blind. Imagine an online brokerage that displays no price data, so you have to guess what the stock you want to purchase is worth, increasing your bid incrementally and exacerbating the system’s overload of transaction requests.
Nor, according to Hearn, can Bitcoin Core really handle a backlog. Nodes might simply crash. It wouldn’t be long before users moved on to some other asset, which is exactly what Hearn fears. “Quite simply,” he writes in another post, “we are out of time. There are no credible technical proposals that could gain widespread adoption within the next twelve months, beyond simply raising the capacity on the existing system.” So that’s what he and Andresen have decided to do.
Bitcoin XT allows the block size limit to rise to 8MB in January 2016 and then to double every two years until it reaches a cap of 8,192 MB. This process will not begin, however, unless 750 of 1,000 consecutive blocks are mined using Bitcoin XT. Once that threshold is reached, two weeks will be given for dissenting miners to upgrade.
Criticisms of Bitcoin XT
For many, 75% is much too small a majority to implement such a sweeping change. A group of miners accounting for a quarter of new blocks may have the critical mass to challenge the majority-Bitcoin’s legitimacy. Or they may attack it. In any case, trust—which ironically does matter when it comes to Bitcoin—has been breached.
Other worries, perhaps baseless, abound. There is concern that Tor users will be added to a hard-coded “blacklist” which may reveal their IP addresses; others have dismissed this claim as a fabrication or misunderstanding of the code. Credible or not, the privacy concern responds to a widespread suspicion that this update is rushed, sloppy and potentially detrimental to the Bitcoin project.
Nor are these divisions limited to the various forums where the fractious Bitcoin populace airs its grievances. Andresen is one of five core developers who manage Bitcoin Core’s upkeep. A second, Jeff Garzik, has urged a measured debate on the issue. On August 17 he tweeted: “This ‘contentious hard fork’ stuff is being blown way out of proportion. There is a lot more theoretical risk than practical risk.”
Others are less generous in their assessments. Gregory Maxwell has compared Hearn and Andresen to “a guy standing on the sidelines with a beer cup hat.” Nick Szabo likened the fork to the Challenger space shuttle disaster.
For all the emphasis on Bitcoin’s decentralization and its merits, a very small group of people in effect controls it. A schism within that small group is dangerous to the project’s future. Whichever side comes out on top, the divisions might not heal quickly, completely or at all, and the crypto-currency could lie in a yet-smaller number of hands.
Will It Take?
In any case, the cat’s out of the bag. The only question that matters now is, will Bitcoin XT get its 75% of 1,000 consecutive blocks or not? Will the hard fork in the blockchain come to pass?
The fourth Bitcoin XT block was recently mined—unless, that is, it wasn’t. Saboteurs have created a special version of Bitcoin’s software, Not Bitcoin XT, which seems in every way to be Hearn’s and Andresen’s brainchild, except that it doesn’t actually support larger blocks. So it may be that a portion of the 14.7% of miners who have seemingly embraced XT are in fact a sort of fifth column. Perhaps even one of the mined XT blocks (representing 0.04% of a needed 75%, to put it in perspective) is in fact Not.
At least two large payment processors, BitPay and Coinbase, have publicly supported XT. Someone claiming to be Satoshi Nakamoto has opposed it, although it seems unlikely that the founder has in fact emerged from his (?) Greater Occultation, and his email address is thought to have been hacked.
In the end, all that matters is the miners, and at the moment, no conclusions can be drawn. Adoption could clear 50% of miners easily enough, given a few more weeks, and maybe even break into a majority. The blocks are the only variable that matters, and that metric is lagging behind miners’ adoption by a mile.
And If It Does?
Bitcoin’s price, as measured by the CoinDesk BPI, is below $220 for the first time since April; between August 15 and 18, it lost 16% of its dollar value. The market is understandably nervous. After all, if the block chain forks, users could double-spend their Bitcoins in an attempt to sink the chain they don’t approve of. Someone would lose their money.
Even if users weather that storm, the long-term security of the network would be uncertain. Larger blocks are more bandwidth-intensive to mine, and the overhead could drive smaller operations out of business. The result could be fewer, larger miners.
Ghash.io, the largest pool, has already briefly touched 50% of mining power; with a majority, a malicious actor could double-spend coins, prevent transactions from being confirmed and prevent other miners from producing new blocks. Retroactive edits to the blockchain are a feared prospect, but are probably too difficult to accomplish in practical terms.
Conclusion
The release of Bitcoin XT has thrown the currency’s vulnerabilities into sharp relief. Far from being “decentralized,” it is dependent on a group of core committers you can count on one hand. That there is a rift in this group only raises the specter of an even smaller group consolidating control. The hard fork, the ultimate violation of trust, only demonstrates how important trust remains in the “trustless currency.”
And the precedent is dangerous: who’s to say intentional hard forks won’t be tried again and again, over ever-smaller issues. We’ve resorted to the nuclear option. How many forks can Bitcoin withstand before there is no main chain—just a plethora of altcoins calling themselves the real thing? Will large mining pools become ever more powerful and break the 51% threshold? Will vindictive purists double-spend Bitcoin into the ground? Will anyone care by the time this is over?
Anybody remember b-money?
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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At $3.2 billion, its market cap is less than that of Dillard's (DDS) or Pandora (P). The first shot has been fired in a years-long standoff over what may seem like a finicky technical issue, but in fact has enormous implications for Bitcoin’s future: the maximum size of a block in the blockchain. Imagine an online brokerage that displays no price data, so you have to guess what the stock you want to purchase is worth, increasing your bid incrementally and exacerbating the system’s overload of transaction requests.
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At $3.2 billion, its market cap is less than that of Dillard's (DDS) or Pandora (P). Here we are.” With that uninspired opening, Mike Hearn announced on August 15 a change to Bitcoin’s software that has the potential to generate a hard fork in the blockchain. Mike and Gavin to the Rescue That is what Mike Hearn, a former Google (GOOG) developer, and Gavin Adresen, one of five Bitcoin Core developers, are risking with Bitcoin XT.
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At $3.2 billion, its market cap is less than that of Dillard's (DDS) or Pandora (P). If Bitcoin were ever to be adopted by even a couple billion people, the network would grind to a halt, since the current block size limit of 1MB allows for a theoretical maximum of seven transactions per second (in practice, the limit is even lower). Bitcoin held before the fork can be spent twice, once on each chain, and Bitcoin received after the fork will only be viable on one chain.
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At $3.2 billion, its market cap is less than that of Dillard's (DDS) or Pandora (P). If Bitcoin were ever to be adopted by even a couple billion people, the network would grind to a halt, since the current block size limit of 1MB allows for a theoretical maximum of seven transactions per second (in practice, the limit is even lower). According to some, market forces take over, driving transaction fees up and discouraging those who would spam the system with miniscule transactions.
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e826f811-49d9-45c9-a6d6-40ddf825dfb5
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719957.0
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2015-08-14 00:00:00 UTC
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Company News for August 14, 2015
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DDS
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https://www.nasdaq.com/articles/company-news-for-august-14-2015-2015-08-14
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nan
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nan
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• Shares of Kohl's Corporation ( KSS ) lost 8.8% after the company reported second quarter earnings of $1.07 per share, 6.1% lower than the Zacks Consensus Estimate of $1.14
• Advance Auto Parts, Inc.'s ( AAP ) surged 9.2% after posting earnings of $2.27 per share for second quarter 2015, higher than the Zacks Consensus Estimate of $2.25
• Shares of Dillard's, Inc. ( DDS ) shares gained 2.4% after reporting earnings of $0.75 per share for second quarter 2015, higher than the Zacks Consensus Estimate of $0.73
• Tesla Motors Inc. ( TSLA ) increased 1.8% after the company announced it will sell $500 million worth of additional common stock shares. Company CEO Elon Musk said he will purchase $20 million of these shares
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KOHLS CORP (KSS): Free Stock Analysis Report
ADVANCE AUTO PT (AAP): Free Stock Analysis Report
DILLARDS INC-A (DDS): Free Stock Analysis Report
TESLA MOTORS (TSLA): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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• Shares of Kohl's Corporation ( KSS ) lost 8.8% after the company reported second quarter earnings of $1.07 per share, 6.1% lower than the Zacks Consensus Estimate of $1.14 • Advance Auto Parts, Inc.'s ( AAP ) surged 9.2% after posting earnings of $2.27 per share for second quarter 2015, higher than the Zacks Consensus Estimate of $2.25 • Shares of Dillard's, Inc. ( DDS ) shares gained 2.4% after reporting earnings of $0.75 per share for second quarter 2015, higher than the Zacks Consensus Estimate of $0.73 • Tesla Motors Inc. ( TSLA ) increased 1.8% after the company announced it will sell $500 million worth of additional common stock shares. Click to get this free report KOHLS CORP (KSS): Free Stock Analysis Report ADVANCE AUTO PT (AAP): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report TESLA MOTORS (TSLA): Free Stock Analysis Report To read this article on Zacks.com click here. Company CEO Elon Musk said he will purchase $20 million of these shares Want the latest recommendations from Zacks Investment Research?
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• Shares of Kohl's Corporation ( KSS ) lost 8.8% after the company reported second quarter earnings of $1.07 per share, 6.1% lower than the Zacks Consensus Estimate of $1.14 • Advance Auto Parts, Inc.'s ( AAP ) surged 9.2% after posting earnings of $2.27 per share for second quarter 2015, higher than the Zacks Consensus Estimate of $2.25 • Shares of Dillard's, Inc. ( DDS ) shares gained 2.4% after reporting earnings of $0.75 per share for second quarter 2015, higher than the Zacks Consensus Estimate of $0.73 • Tesla Motors Inc. ( TSLA ) increased 1.8% after the company announced it will sell $500 million worth of additional common stock shares. Click to get this free report KOHLS CORP (KSS): Free Stock Analysis Report ADVANCE AUTO PT (AAP): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report TESLA MOTORS (TSLA): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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• Shares of Kohl's Corporation ( KSS ) lost 8.8% after the company reported second quarter earnings of $1.07 per share, 6.1% lower than the Zacks Consensus Estimate of $1.14 • Advance Auto Parts, Inc.'s ( AAP ) surged 9.2% after posting earnings of $2.27 per share for second quarter 2015, higher than the Zacks Consensus Estimate of $2.25 • Shares of Dillard's, Inc. ( DDS ) shares gained 2.4% after reporting earnings of $0.75 per share for second quarter 2015, higher than the Zacks Consensus Estimate of $0.73 • Tesla Motors Inc. ( TSLA ) increased 1.8% after the company announced it will sell $500 million worth of additional common stock shares. Click to get this free report KOHLS CORP (KSS): Free Stock Analysis Report ADVANCE AUTO PT (AAP): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report TESLA MOTORS (TSLA): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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• Shares of Kohl's Corporation ( KSS ) lost 8.8% after the company reported second quarter earnings of $1.07 per share, 6.1% lower than the Zacks Consensus Estimate of $1.14 • Advance Auto Parts, Inc.'s ( AAP ) surged 9.2% after posting earnings of $2.27 per share for second quarter 2015, higher than the Zacks Consensus Estimate of $2.25 • Shares of Dillard's, Inc. ( DDS ) shares gained 2.4% after reporting earnings of $0.75 per share for second quarter 2015, higher than the Zacks Consensus Estimate of $0.73 • Tesla Motors Inc. ( TSLA ) increased 1.8% after the company announced it will sell $500 million worth of additional common stock shares. Click to get this free report KOHLS CORP (KSS): Free Stock Analysis Report ADVANCE AUTO PT (AAP): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report TESLA MOTORS (TSLA): Free Stock Analysis Report To read this article on Zacks.com click here. Today, you can download 7 Best Stocks for the Next 30 Days.
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ce3b8358-d215-4cbb-8def-5c605b269529
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719958.0
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2015-08-14 00:00:00 UTC
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Dillard's (DDS) Climbs 2.4% on Q2 Earnings & Sales Beat
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DDS
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https://www.nasdaq.com/articles/dillards-dds-climbs-2.4-on-q2-earnings-sales-beat-2015-08-14
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nan
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nan
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Shares of Dillard's Inc.DDS jumped 2.4% yesterday after the company reported better-than-anticipated second-quarter fiscal 2015 results.
Dillard's quarterly earnings of 75 cents per share surpassed the Zacks Consensus Estimate by a couple of cents. However, earnings declined 6.3% on a year-over-year basis.
Dillard's Inc. - Earnings Surprise | FindTheBest
Dillard's net sales (including CDI Contractors LLC or CDI) rose nearly 2.7% year over year to $1,513.8 million in the quarter. Merchandise sales, excluding CDI, remained nearly flat, at $1.5 million.
Dillard's total revenue (including service charges and other income) of $1,550.8 million improved 2.5% from the year-ago quarter figure of $1,512.9 million and outpaced the Zacks Consensus Estimate of $1,500 million.
Merchandise comparable-store sales (comps) for the thirteen-week period ended Aug 1, 2015 inched up 1% from the comparable period ended Aug 2, 2014.
During the reported quarter, the outperforming categories were shoes, followed by juniors' and children's apparel. However, the home and furniture category recorded the lowest sales in the quarter. The best performing region was Central, followed by the Eastern and Western regions, respectively.
In the quarter, consolidated gross margin contracted 119 basis points (bps), while gross margin from retail operations (excluding CDI) declined 54 bps. The difference in retail and consolidated gross margin was due to higher revenue at CDI.
Dillard's selling, general and administrative (SG&A) expenses rose by nearly 1% to $404.3 million, while as a percentage of sales, the same contracted 50 bps to 26.7%. Operating expenses from retail operations, as a percentage of sales, expanded 15 bps to 27.5%, primarily due to higher payroll and insurance costs, partly compensated by lower advertising costs.
Financial Details
Dillard's ended the second quarter of fiscal 2015 with cash and cash equivalents of $175.1 million, long-term debt and capital leases standing at $622.5 million, and total shareholders' equity of $1,948.1 million.
In the second quarter, the company generated net cash flow from operations of $61.9 million.
Also, during the quarter, Dillard's bought back 1.8 million shares for $207.9 million, leaving repurchases worth $292.1 million remaining under its $500 million authorization.
Store Update
As of Aug 1, 2015, Dillard's had about 272 namesake outlets and 25 clearance centers operating in 29 states, and an online store at www.dillards.com. Dillard's total square footage as of Aug 1, 2015, was 50.2 million.
Concurrently, the company announced that it replaced its 190,000-square-foot store with a new store spanning over 200,000 square feet, at Fashion Place in Murray, UT.
During the third quarter, the company plans to open two new stores, one each in Louisiana and Ohio.
Fiscal 2015 Outlook
For fiscal 2015, Dillard's expects rentals of approximately $27 million, while net interest and debt expenses are anticipated to be nearly $61 million, both flat with fiscal 2014 levels.
The company continues to expect capital expenditures of about $160 million for fiscal 2015 compared with $152 million in fiscal 2014. Depreciation and amortization expenses for fiscal 2015 are expected to be $250 million compared with $251 million in fiscal 2014.
Zacks Rank
Currently, Dillard's holds a Zacks Rank #4 (Sell). A better-ranked stock in the same industry is J. C. Penney Company Inc. JCP , carrying a Zacks Rank #2 (Buy). Other stocks in the broader retail space worth considering include Target Corp. TGT and Dollar General Corporation DG , each with a Zacks Rank #2.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >>
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DILLARDS INC-A (DDS): Free Stock Analysis Report
PENNEY (JC) INC (JCP): Free Stock Analysis Report
DOLLAR GENERAL (DG): Free Stock Analysis Report
TARGET CORP (TGT): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Shares of Dillard's Inc.DDS jumped 2.4% yesterday after the company reported better-than-anticipated second-quarter fiscal 2015 results. Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report DOLLAR GENERAL (DG): Free Stock Analysis Report TARGET CORP (TGT): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's selling, general and administrative (SG&A) expenses rose by nearly 1% to $404.3 million, while as a percentage of sales, the same contracted 50 bps to 26.7%.
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Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report DOLLAR GENERAL (DG): Free Stock Analysis Report TARGET CORP (TGT): Free Stock Analysis Report To read this article on Zacks.com click here. Shares of Dillard's Inc.DDS jumped 2.4% yesterday after the company reported better-than-anticipated second-quarter fiscal 2015 results. Dillard's Inc. - Earnings Surprise | FindTheBest Dillard's net sales (including CDI Contractors LLC or CDI) rose nearly 2.7% year over year to $1,513.8 million in the quarter.
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Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report DOLLAR GENERAL (DG): Free Stock Analysis Report TARGET CORP (TGT): Free Stock Analysis Report To read this article on Zacks.com click here. Shares of Dillard's Inc.DDS jumped 2.4% yesterday after the company reported better-than-anticipated second-quarter fiscal 2015 results. Dillard's total revenue (including service charges and other income) of $1,550.8 million improved 2.5% from the year-ago quarter figure of $1,512.9 million and outpaced the Zacks Consensus Estimate of $1,500 million.
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Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report DOLLAR GENERAL (DG): Free Stock Analysis Report TARGET CORP (TGT): Free Stock Analysis Report To read this article on Zacks.com click here. Shares of Dillard's Inc.DDS jumped 2.4% yesterday after the company reported better-than-anticipated second-quarter fiscal 2015 results. Dillard's total square footage as of Aug 1, 2015, was 50.2 million.
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a1b60bb1-6a57-4ab2-990a-d2baa08cc827
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719959.0
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2015-08-14 00:00:00 UTC
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Is JCPenney The Best Retail Stock Available?
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DDS
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https://www.nasdaq.com/articles/jcpenney-best-retail-stock-available-2015-08-14
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nan
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nan
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Earlier this morning, JCPenney ( JCP ) reported its 2 nd quarter earnings that detailed a smaller than expected loss . This would be two quarters in a row for the 2015 fiscal year where the company has outperformed the Zacks Consensus Estimates by double digit percentages.
JCPenney may very well be the best retail stock available, especially rebounding from completely missing on its projected earnings by breaking even for the 2014 4 th quarter . Before declaring this proposition as fact, let's examine the key figures for JCP stock and come to an informed conclusion.
Earnings Figures - In More Detail
For the 2015 fiscal year, the Zacks Consensus Estimates in earnings for the 1 st and 2 nd quarters for JCP were -$0.79 and -$0.50 respectively. The retail company posted for the 1 st quarter an EPS of -$0.57, a 27.85% increase, and a -$0.41 EPS for the 2 nd quarter, which is an 18% increase over the estimates.
Despite reporting losses on their earnings, JCPenney is slowly approaching positive earnings, suggesting the company is heading in the right direction.
Zacks Rankings
JCPenney currently has a Zacks Rank #2 (Buy), with Style Scores of 'B' for growth, 'D' for value, and 'B' for momentum. The company does have the top rank in its industry. With that being noted, JCPenney's specific subsection of the retail industry has a Zacks Industry Rank in the bottom 32%, as well as only consisting of 4 other retail department store companies.
JCP's competitors in the industry, Kohl's ( KSS ) and Macy's ( M ), each have a Zacks Rank #3 (Hold), and the other two, Bon-Ton Stores ( BONT ), and Dillard's ( DDS ), each have a Zacks Rank #4 (Sell).
Looking Outside the Department Store
Of the 5 department store based stocks, JCPenney is the safest stock to invest in, especially since its closest competitors Kohl's and Macy's missed on earnings this past quarter. JCPenney stock is also trading for just over $8 per share.
However, expanding the search from the department store subcategory of the retail industry to retail's other sections, there are other stocks to consider. As highlighted in our " 3 Stocks to Buy for Back to School Season " article, Target ( TGT ), Foot Locker ( FL ), and American Eagle Outfitters ( AEO ) are all worthy investments. American Eagle is currently a Zacks Rank #1 (Strong Buy), while Target and Foot Locker each hold a Zacks Rank #2 (Buy).
Bottom Line
To definitively proclaim JCPenney the best retail stock currently would be misleading and hyperbolic, especially when subtle differences come into consideration when making this type of determination. Can the "best" retail stock not pay dividends to its shareholders when rivals, such as Target, Foot Locker, and American Eagle pay out dividends? Can the "best" retail stock be for a company posting negative earnings? JCP may not be the "best" retail stock. It is one to consider for a potential investment.
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MACYS INC (M): Free Stock Analysis Report
DILLARDS INC-A (DDS): Free Stock Analysis Report
PENNEY (JC) INC (JCP): Free Stock Analysis Report
TARGET CORP (TGT): Free Stock Analysis Report
AMER EAGLE OUTF (AEO): Free Stock Analysis Report
FOOT LOCKER INC (FL): Free Stock Analysis Report
BON-TON STORES (BONT): Free Stock Analysis Report
KOHLS CORP (KSS): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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JCP's competitors in the industry, Kohl's ( KSS ) and Macy's ( M ), each have a Zacks Rank #3 (Hold), and the other two, Bon-Ton Stores ( BONT ), and Dillard's ( DDS ), each have a Zacks Rank #4 (Sell). Click to get this free report MACYS INC (M): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report TARGET CORP (TGT): Free Stock Analysis Report AMER EAGLE OUTF (AEO): Free Stock Analysis Report FOOT LOCKER INC (FL): Free Stock Analysis Report BON-TON STORES (BONT): Free Stock Analysis Report KOHLS CORP (KSS): Free Stock Analysis Report To read this article on Zacks.com click here. This would be two quarters in a row for the 2015 fiscal year where the company has outperformed the Zacks Consensus Estimates by double digit percentages.
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Click to get this free report MACYS INC (M): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report TARGET CORP (TGT): Free Stock Analysis Report AMER EAGLE OUTF (AEO): Free Stock Analysis Report FOOT LOCKER INC (FL): Free Stock Analysis Report BON-TON STORES (BONT): Free Stock Analysis Report KOHLS CORP (KSS): Free Stock Analysis Report To read this article on Zacks.com click here. JCP's competitors in the industry, Kohl's ( KSS ) and Macy's ( M ), each have a Zacks Rank #3 (Hold), and the other two, Bon-Ton Stores ( BONT ), and Dillard's ( DDS ), each have a Zacks Rank #4 (Sell). As highlighted in our " 3 Stocks to Buy for Back to School Season " article, Target ( TGT ), Foot Locker ( FL ), and American Eagle Outfitters ( AEO ) are all worthy investments.
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Click to get this free report MACYS INC (M): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report TARGET CORP (TGT): Free Stock Analysis Report AMER EAGLE OUTF (AEO): Free Stock Analysis Report FOOT LOCKER INC (FL): Free Stock Analysis Report BON-TON STORES (BONT): Free Stock Analysis Report KOHLS CORP (KSS): Free Stock Analysis Report To read this article on Zacks.com click here. JCP's competitors in the industry, Kohl's ( KSS ) and Macy's ( M ), each have a Zacks Rank #3 (Hold), and the other two, Bon-Ton Stores ( BONT ), and Dillard's ( DDS ), each have a Zacks Rank #4 (Sell). With that being noted, JCPenney's specific subsection of the retail industry has a Zacks Industry Rank in the bottom 32%, as well as only consisting of 4 other retail department store companies.
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JCP's competitors in the industry, Kohl's ( KSS ) and Macy's ( M ), each have a Zacks Rank #3 (Hold), and the other two, Bon-Ton Stores ( BONT ), and Dillard's ( DDS ), each have a Zacks Rank #4 (Sell). Click to get this free report MACYS INC (M): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report TARGET CORP (TGT): Free Stock Analysis Report AMER EAGLE OUTF (AEO): Free Stock Analysis Report FOOT LOCKER INC (FL): Free Stock Analysis Report BON-TON STORES (BONT): Free Stock Analysis Report KOHLS CORP (KSS): Free Stock Analysis Report To read this article on Zacks.com click here. Earnings Figures - In More Detail For the 2015 fiscal year, the Zacks Consensus Estimates in earnings for the 1 st and 2 nd quarters for JCP were -$0.79 and -$0.50 respectively.
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719960.0
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2015-08-13 00:00:00 UTC
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Mid-Morning Market Update: Markets Decline; Kohl's Misses Q2 Views
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DDS
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https://www.nasdaq.com/articles/mid-morning-market-update-markets-decline-kohls-misses-q2-views-2015-08-13
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Following the market opening Thursday, the Dow traded down 0.28 percent to 17,354.07 while the NASDAQ slipped 0.18 percent to 5,035.15. The S&P also fell, dropping 0.27 percent to 2,080.40.
Leading and Lagging Sectors
Cyclical consumer goods & services shares gained by 0.08 percent in the US market on Thursday. Top gainers in the sector included Global Cash Access Holdings, Inc. (NYSE: GCA ), Briggs & Stratton Corporation (NYSE: BGG ), and Dillard's, Inc. (NYSE: DDS ).
In trading on Thursday, basic materials shares dipped by 0.80 percent. Meanwhile, top losers in the sector included Gold Fields Limited (ADR) (NYSE: GFI ), down 7 percent, and AngloGold Ashanti Limited (ADR) (NYSE: AU ), off 5 percent.
Top Headline
Kohl's Corporation (NYSE: KSS ) reported weaker-than-expected results for the second quarter.
The Menomonee Falls, Wisconsin-based company posted quarterly net income of $130 million, or $0.66 per share, compared to $232 million, or $1.13 per share, in the year-ago quarter. Excluding loss on extinguishment of debt, the company's earnings declined to $1.07 per share from $1.13 per share.
Its sales climbed to $4.267 billion from $4.242 billion. However, analysts were expecting earnings of $1.16 per share on revenue of $4.31 billion.
Equities Trading UP
News Corp (NASDAQ: NWSA ) shares shot up 7 percent to $15.04 after the company reported stronger-than-expected earnings for its fiscal fourth quarter. The company also reported that it is reviewing strategic options for its Amplify education unit.
GW Pharmaceuticals PLC- ADR (NASDAQ: GWPH ) shares were also up, gaining 10 percent to $113.56. Morgan Stanley initiated coverage on GW Pharmaceuticals with a Overweight rating and a $150.00 price target.
Shares of Inotek Pharmaceuticals Corp (NASDAQ: ITEK ) got a boost, shooting up 6 percent to $14.26 after the company priced its 5.4 million share offering at $12.75 per share.
Equities Trading DOWN
Rockwell Medical Inc (NASDAQ: RMTI ) shares tumbled 14 percent to $11.80. Morgan Stanley initiated coverage on Rockwell Medical with a Underweight rating and a $7.00 price target.
Shares of Shake Shack Inc (NYSE: SHAK ) were down 8 percent to $59.46 after the company priced its 4 million share secondary offering at $60 per share.
Kohl's Corporation (NYSE: KSS ) was down, falling 9 percent to $55.79 after the company reported weaker-than-expected results for the second quarter.
Commodities
In commodity news, oil traded down 0.99 percent to $42.87, while gold traded down 0.83 percent to $1,114.30.
Silver traded down 0.88 percent Thursday to $15.34, while copper rose 0.06 percent to $2.35.
Eurozone
European shares were higher today. The eurozone's STOXX 600 rose 1.68 percent, the Spanish Ibex Index gained 1.48 percent, while Italy's FTSE MIB Index surged 2.20 percent. Meanwhile, the German DAX climbed 1.79 percent, and the French CAC 40 jumped 1.85 percent while UK shares rose 0.59 percent.
Economics
U.S. retail sales increased 0.6 percent in July, versus economists' expectations for a 0.5 percent growth.
U.S. jobless claims increased 5,000 to 274,000 in the week ended August 8. However, economists were expecting claims to total 270,000.
U.S. import prices slipped 0.9 percent in July, while export prices declined 0.2 percent in July. Economists were projecting a 1.1 percent drop in import prices and 0.1 percent decline in export prices.
U.S. business inventories rose 0.80 percent in June, versus economists' expectations for a 0.30 percent growth.
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Top gainers in the sector included Global Cash Access Holdings, Inc. (NYSE: GCA ), Briggs & Stratton Corporation (NYSE: BGG ), and Dillard's, Inc. (NYSE: DDS ). Leading and Lagging Sectors Cyclical consumer goods & services shares gained by 0.08 percent in the US market on Thursday. Equities Trading UP News Corp (NASDAQ: NWSA ) shares shot up 7 percent to $15.04 after the company reported stronger-than-expected earnings for its fiscal fourth quarter.
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Top gainers in the sector included Global Cash Access Holdings, Inc. (NYSE: GCA ), Briggs & Stratton Corporation (NYSE: BGG ), and Dillard's, Inc. (NYSE: DDS ). Kohl's Corporation (NYSE: KSS ) was down, falling 9 percent to $55.79 after the company reported weaker-than-expected results for the second quarter. Economics U.S. retail sales increased 0.6 percent in July, versus economists' expectations for a 0.5 percent growth.
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Top gainers in the sector included Global Cash Access Holdings, Inc. (NYSE: GCA ), Briggs & Stratton Corporation (NYSE: BGG ), and Dillard's, Inc. (NYSE: DDS ). Shares of Inotek Pharmaceuticals Corp (NASDAQ: ITEK ) got a boost, shooting up 6 percent to $14.26 after the company priced its 5.4 million share offering at $12.75 per share. Shares of Shake Shack Inc (NYSE: SHAK ) were down 8 percent to $59.46 after the company priced its 4 million share secondary offering at $60 per share.
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Top gainers in the sector included Global Cash Access Holdings, Inc. (NYSE: GCA ), Briggs & Stratton Corporation (NYSE: BGG ), and Dillard's, Inc. (NYSE: DDS ). Kohl's Corporation (NYSE: KSS ) was down, falling 9 percent to $55.79 after the company reported weaker-than-expected results for the second quarter. Silver traded down 0.88 percent Thursday to $15.34, while copper rose 0.06 percent to $2.35.
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a4683498-e877-4e8a-924f-cc7689da2147
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719961.0
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2015-08-13 00:00:00 UTC
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Dillard's (DDS) Q2 Earnings & Sales Beat Estimates
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DDS
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https://www.nasdaq.com/articles/dillards-dds-q2-earnings-sales-beat-estimates-2015-08-13
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nan
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nan
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Dillard's Inc. ( DDS ), a leading fashion apparel, cosmetics and home furnishings retailer, released second-quarter fiscal 2015 results, wherein earnings of 75 cents a share beat the Zacks Consensus Estimate of 73 cents. However, the bottom line declined 6.3% from 80 cents a share earned in the year-ago quarter.
Earnings Estimate Revision: The Zacks Consensus Estimate for fiscal 2015 portrays a downtrend in the last 30 days. Moreover, over the trailing four quarters (including the quarter under review), Dillard's has underperformed the Zacks Consensus Estimate by an average of %.
Revenues: Dillard's total revenue (including service charges and other income) of $1,550.8 million advanced 2.5% from the year-ago quarter figure of $1,512.9 million and surpassed the Zacks Consensus Estimate of $1,500 million. Comparable-store sales (comps) for the quarter climbed 1%.
Key Events: During the quarter, Dillard's bought back 1.8 million shares for $207.9 million, following which it had repurchases worth $292.1 million remaining under its $500 million authorization.
Zacks Rank: Currently, Dillard's carries a Zacks Rank #4 (Sell) which is subject to change following the earnings announcement.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
DILLARDS INC-A (DDS): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Dillard's Inc. ( DDS ), a leading fashion apparel, cosmetics and home furnishings retailer, released second-quarter fiscal 2015 results, wherein earnings of 75 cents a share beat the Zacks Consensus Estimate of 73 cents. Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. However, the bottom line declined 6.3% from 80 cents a share earned in the year-ago quarter.
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Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's Inc. ( DDS ), a leading fashion apparel, cosmetics and home furnishings retailer, released second-quarter fiscal 2015 results, wherein earnings of 75 cents a share beat the Zacks Consensus Estimate of 73 cents. Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research?
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Dillard's Inc. ( DDS ), a leading fashion apparel, cosmetics and home furnishings retailer, released second-quarter fiscal 2015 results, wherein earnings of 75 cents a share beat the Zacks Consensus Estimate of 73 cents. Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Revenues: Dillard's total revenue (including service charges and other income) of $1,550.8 million advanced 2.5% from the year-ago quarter figure of $1,512.9 million and surpassed the Zacks Consensus Estimate of $1,500 million.
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Dillard's Inc. ( DDS ), a leading fashion apparel, cosmetics and home furnishings retailer, released second-quarter fiscal 2015 results, wherein earnings of 75 cents a share beat the Zacks Consensus Estimate of 73 cents. Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Earnings Estimate Revision: The Zacks Consensus Estimate for fiscal 2015 portrays a downtrend in the last 30 days.
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719962.0
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2015-08-13 00:00:00 UTC
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Earnings Reaction History: Dillards Inc CL A, 50.0% Follow-Through Indicator, 5.2% Sensitive
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DDS
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https://www.nasdaq.com/articles/earnings-reaction-history-dillards-inc-cl-500-follow-through-indicator-52-sensitive-2015
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nan
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nan
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Expected Earnings Release: 08/13/2015, Premarket
Avg. Extended-Hours Dollar Volume: $1,720,944
Dillards Inc CL A ( DDS ) is due to issue its quarterly earnings report in the upcoming extended-hours session. Given its history, traders can expect light trading in the issue immediately following its quarterly earnings announcement. Historical earnings event related premarket and after-hours trading activity in DDS indicates that the price change in the extended hours is likely to be of limited value in forecasting additional price movement by the following regular session close.
Last 12 Qtrs Positive Only Price Reactions
Percent of time added to extended-hours gains: 40%
Average next regular session additional gain: 1%
Over the prior three fiscal years (12 quarters), when shares of DDS rose in the extended-hours session in reaction to its earnings announcement, history shows that 40.0% of the time (2 events) the stock posted additional gains in the following regular session by an average of 1.0%.
Last 12 Qtrs Negative Only Price Reactions
Percent of time added to extended-hours losses: 66.7%
Average next regular session additional loss: 4.7%
Over that same historical period, when shares of DDS dropped in the extended-hours in reaction to its earnings announcement, history shows that 66.7% of the time (2 events) the stock dropped further, adding to the extended-hours losses by an average of 4.7% by the following regular session close.
Data provided by the MT Pro service at MTNewswires.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Last 12 Qtrs Positive Only Price Reactions Percent of time added to extended-hours gains: 40% Average next regular session additional gain: 1% Over the prior three fiscal years (12 quarters), when shares of DDS rose in the extended-hours session in reaction to its earnings announcement, history shows that 40.0% of the time (2 events) the stock posted additional gains in the following regular session by an average of 1.0%. Last 12 Qtrs Negative Only Price Reactions Percent of time added to extended-hours losses: 66.7% Average next regular session additional loss: 4.7% Over that same historical period, when shares of DDS dropped in the extended-hours in reaction to its earnings announcement, history shows that 66.7% of the time (2 events) the stock dropped further, adding to the extended-hours losses by an average of 4.7% by the following regular session close. Extended-Hours Dollar Volume: $1,720,944 Dillards Inc CL A ( DDS ) is due to issue its quarterly earnings report in the upcoming extended-hours session.
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Last 12 Qtrs Positive Only Price Reactions Percent of time added to extended-hours gains: 40% Average next regular session additional gain: 1% Over the prior three fiscal years (12 quarters), when shares of DDS rose in the extended-hours session in reaction to its earnings announcement, history shows that 40.0% of the time (2 events) the stock posted additional gains in the following regular session by an average of 1.0%. Last 12 Qtrs Negative Only Price Reactions Percent of time added to extended-hours losses: 66.7% Average next regular session additional loss: 4.7% Over that same historical period, when shares of DDS dropped in the extended-hours in reaction to its earnings announcement, history shows that 66.7% of the time (2 events) the stock dropped further, adding to the extended-hours losses by an average of 4.7% by the following regular session close. Extended-Hours Dollar Volume: $1,720,944 Dillards Inc CL A ( DDS ) is due to issue its quarterly earnings report in the upcoming extended-hours session.
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Last 12 Qtrs Positive Only Price Reactions Percent of time added to extended-hours gains: 40% Average next regular session additional gain: 1% Over the prior three fiscal years (12 quarters), when shares of DDS rose in the extended-hours session in reaction to its earnings announcement, history shows that 40.0% of the time (2 events) the stock posted additional gains in the following regular session by an average of 1.0%. Last 12 Qtrs Negative Only Price Reactions Percent of time added to extended-hours losses: 66.7% Average next regular session additional loss: 4.7% Over that same historical period, when shares of DDS dropped in the extended-hours in reaction to its earnings announcement, history shows that 66.7% of the time (2 events) the stock dropped further, adding to the extended-hours losses by an average of 4.7% by the following regular session close. Extended-Hours Dollar Volume: $1,720,944 Dillards Inc CL A ( DDS ) is due to issue its quarterly earnings report in the upcoming extended-hours session.
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Extended-Hours Dollar Volume: $1,720,944 Dillards Inc CL A ( DDS ) is due to issue its quarterly earnings report in the upcoming extended-hours session. Last 12 Qtrs Positive Only Price Reactions Percent of time added to extended-hours gains: 40% Average next regular session additional gain: 1% Over the prior three fiscal years (12 quarters), when shares of DDS rose in the extended-hours session in reaction to its earnings announcement, history shows that 40.0% of the time (2 events) the stock posted additional gains in the following regular session by an average of 1.0%. Historical earnings event related premarket and after-hours trading activity in DDS indicates that the price change in the extended hours is likely to be of limited value in forecasting additional price movement by the following regular session close.
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df423ccc-6f77-4f31-879b-d1d29bee6cd8
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719963.0
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2015-07-16 00:00:00 UTC
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Ulta Beauty Is In The Eye Of The Shareholders
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DDS
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https://www.nasdaq.com/articles/ulta-beauty-eye-shareholders-2015-07-16
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nan
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nan
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A company's stock price doesn't set a new high every session by accident -- something must be going right for so many investors to swoop in day after day.
ForUlta Beauty ( ULTA ), a lot of things are going right.
The company operates the largest chain of beauty supply stores in the U.S., with nearly 800 locations in 48 states.
It sells about 20,000 items from 500 brands. A typical store is around 10,000 square feet.
Ulta is in the midst of a yearslong streak of double-digit sales and earnings growth. Its stock price has been on an upward path for months and shows no signs of slowing down.
For that, the company can thank a combination of favorable industry trends as well as its own initiatives to offer more brands and reach more consumers.
Consumers have been shifting toward specialty beauty chains such as Ulta and LVMH-owned Sephora. In the past, many of these consumers bought beauty products from department stores likeMacy's ( M ),Nordstrom ( JWN ) andDillard's ( DDS ), or drug stores operated byCVS Health ( CVS ),Walgreens Boots Alliance (WBA) and others.
In a research report, Cowen & Co. analyst Oliver Chen noted that Ulta's emphasis on letting customers "treasure hunt" for around 500 brands, coupled with the salon services it offers, provides a "differentiated concept" vs. other retailers.
Ulta Vs. Sephora
Ulta also differentiates itself from other specialty beauty chains, including Sephora, by locating stores outside of traditional malls, which saves money on operating costs.
Meanwhile, Ulta has moved to widen its customer base by adding high-end brands such as Lancome and Clinique.
"We see potential for ULTA to increase its prestige brands portfolio beyond Lancome and Clinique on a brand-by-brand basis," Chen noted. "Importantly, prestige brands carry a higher ticket and typically sell at the advertised MSRP (manufacturer's suggested retail price)."
Ulta also has done a good job of attracting more online business to its website, analysts say.
JPMorgan analyst Christopher Horvers, citing data from marketing analytics company ComScore, notes that total unique visitors at Ulta.com increased 122% year-over-year in May, the last month for which data are available.
By contrast, Sephora.com saw a 35% gain. The fragrance/cosmetics category as a whole increased 29%.
"Ulta has been steadily widening the gap with peers in this metric over recent months, which we believe stems from Ulta's effective use of CRM (customer relationship management) data for targeted emails and promotions," Horvers said.
During Ulta's first quarter, e-commerce sales grew 50% from the prior year to $44 million. Overall revenue climbed 22% to $868 million, while earnings gained 35% to $1.04 a share.
Both results easily beat consensus analyst views.
Same-store sales for the quarter rose 11.4% from the prior year. It was the company's biggest increase since 2011, driven by "strong traffic growth in both retail and e-commerce, market share gains across all categories, and continued successful execution of our marketing strategies," CEO Mary Dillon said in a statement.
"We also drove significant operating margin expansion, with a healthy balance of product margin improvement and marketing and payroll expense leverage," she added.
New Highs Set This Week
Wall Street has not let the company's performance go unnoticed. Ulta stock set a new high of 169.31 on Thursday -- the seventh straight session with a new high. Shares are up 31% since the beginning of the year.
Why the rapid uptick in stock price?
"There's a scarcity of really good growth stories in retail today, and Ulta is one of them," KeyBanc Capital Markets analyst Jason Gere told IBD. "They are still delivering strong square footage growth, and their comps are excelling, owing to an acceleration in loyalty cards and e-commerce."
In addition to the company's strong top-line growth, Gere said, "there's a huge margin scale story buildout to come as well that will accelerate EPS growth in another year or two."
Analysts polled by Thomson Reuters expect Ulta to post full-year 2015 earnings of $4.71 a share, up 18% year-over-year.
They see 2016 profit rising another 19% to $5.60.
Chen says that Ulta is "well-positioned to gain share and sustainably grow EPS at 20%-plus." He cites the company's "pipeline of unique brands, leading loyalty program and a shifting customer preference for specialty beauty."
Another growth driver is a steadily expanding footprint. Ulta opened 24 stores during the first quarter. They brought the count to 797 stores and total square footage of just more than 8.4 million, up 14% from the first quarter of fiscal 2014.
One move that Ulta has begun to make is to open smaller, 5,000-square-foot stores in previously untapped rural areas, Gere says.
Ulta has an IBD Composite Rating of 98. It's the highest-rated stock in IBD's Retail-Specialty group, which ranks No. 57 out of 197 industries tracked.
The biggest company in the group by market cap is Sunglass Hut and LensCrafters parentLuxottica Group (LUX), which has a Composite Rating of 86.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In the past, many of these consumers bought beauty products from department stores likeMacy's ( M ),Nordstrom ( JWN ) andDillard's ( DDS ), or drug stores operated byCVS Health ( CVS ),Walgreens Boots Alliance (WBA) and others. In a research report, Cowen & Co. analyst Oliver Chen noted that Ulta's emphasis on letting customers "treasure hunt" for around 500 brands, coupled with the salon services it offers, provides a "differentiated concept" vs. other retailers. "Importantly, prestige brands carry a higher ticket and typically sell at the advertised MSRP (manufacturer's suggested retail price)."
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In the past, many of these consumers bought beauty products from department stores likeMacy's ( M ),Nordstrom ( JWN ) andDillard's ( DDS ), or drug stores operated byCVS Health ( CVS ),Walgreens Boots Alliance (WBA) and others. Ulta Vs. Sephora Ulta also differentiates itself from other specialty beauty chains, including Sephora, by locating stores outside of traditional malls, which saves money on operating costs. JPMorgan analyst Christopher Horvers, citing data from marketing analytics company ComScore, notes that total unique visitors at Ulta.com increased 122% year-over-year in May, the last month for which data are available.
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In the past, many of these consumers bought beauty products from department stores likeMacy's ( M ),Nordstrom ( JWN ) andDillard's ( DDS ), or drug stores operated byCVS Health ( CVS ),Walgreens Boots Alliance (WBA) and others. Ulta Vs. Sephora Ulta also differentiates itself from other specialty beauty chains, including Sephora, by locating stores outside of traditional malls, which saves money on operating costs. "Ulta has been steadily widening the gap with peers in this metric over recent months, which we believe stems from Ulta's effective use of CRM (customer relationship management) data for targeted emails and promotions," Horvers said.
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In the past, many of these consumers bought beauty products from department stores likeMacy's ( M ),Nordstrom ( JWN ) andDillard's ( DDS ), or drug stores operated byCVS Health ( CVS ),Walgreens Boots Alliance (WBA) and others. Consumers have been shifting toward specialty beauty chains such as Ulta and LVMH-owned Sephora. In addition to the company's strong top-line growth, Gere said, "there's a huge margin scale story buildout to come as well that will accelerate EPS growth in another year or two."
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fd656cc8-ac1f-4c49-8ebc-af8ed14758cb
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719964.0
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2015-07-01 00:00:00 UTC
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Why Dillard's (DDS) isn't an Ideal Pick for Investors? - Analyst Blog
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DDS
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https://www.nasdaq.com/articles/why-dillards-dds-isnt-an-ideal-pick-for-investors-analyst-blog-2015-07-01
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nan
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nan
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Dillard's Inc.DDS , a large departmental store chain featuring fashion apparel, cosmetics and home furnishings, has witnessed significant downward revision in the Zacks Consensus Estimate following a soft start to fiscal 2015. Shares of this Zacks Rank #5 (Strong Sell) stock have plunged roughly 15.3% since its last earnings release on May 14.
Over the past 60 days, the Zacks Consensus Estimate of $8.16 and $8.92 per share for fiscal 2015 and fiscal 2016 declined 5.8% and 7.9%, respectively.
The retail landscape continues to challenge many companies despite an improving economy and healing labor markets as consumers are still reluctant to spend their savings from low gas prices. Declining sales and rising costs continue to hurt Dillard's earnings.
In first-quarter fiscal 2015, the company's adjusted earnings per share of $2.66 fell short of the Zacks Consensus Estimate of $2.80. Earnings were lower than expected due to a decline in merchandise sales, which deleveraged operating expenses. Merchandise sales, excluding CDI, fell 1.4% to $1,518 million while merchandise comps were down 1%.
Moreover, the company's guidance for fiscal 2015 indicates significant cost pressures for the year which might hurt the bottom line again, leading to the estimates revisions.
The company has underperformed the Zacks Consensus Estimates in all of the last four quarters, with an average quarterly miss of 5.4%.
Stocks that Warrant a Look
A better-ranked stock in the same industry is J. C. Penney Company Inc. JCP , holding a Zacks Rank #2 (Buy). Other better-ranked stocks in the broader retail sector include American Eagle Outfitters Inc. AEO and Express Inc. EXPR , both carrying a Zacks Rank #1 (Strong Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
DILLARDS INC-A (DDS): Free Stock Analysis Report
PENNEY (JC) INC (JCP): Free Stock Analysis Report
AMER EAGLE OUTF (AEO): Free Stock Analysis Report
EXPRESS INC (EXPR): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Dillard's Inc.DDS , a large departmental store chain featuring fashion apparel, cosmetics and home furnishings, has witnessed significant downward revision in the Zacks Consensus Estimate following a soft start to fiscal 2015. Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report AMER EAGLE OUTF (AEO): Free Stock Analysis Report EXPRESS INC (EXPR): Free Stock Analysis Report To read this article on Zacks.com click here. The retail landscape continues to challenge many companies despite an improving economy and healing labor markets as consumers are still reluctant to spend their savings from low gas prices.
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Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report AMER EAGLE OUTF (AEO): Free Stock Analysis Report EXPRESS INC (EXPR): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's Inc.DDS , a large departmental store chain featuring fashion apparel, cosmetics and home furnishings, has witnessed significant downward revision in the Zacks Consensus Estimate following a soft start to fiscal 2015. Other better-ranked stocks in the broader retail sector include American Eagle Outfitters Inc. AEO and Express Inc. EXPR , both carrying a Zacks Rank #1 (Strong Buy).
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Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report AMER EAGLE OUTF (AEO): Free Stock Analysis Report EXPRESS INC (EXPR): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's Inc.DDS , a large departmental store chain featuring fashion apparel, cosmetics and home furnishings, has witnessed significant downward revision in the Zacks Consensus Estimate following a soft start to fiscal 2015. In first-quarter fiscal 2015, the company's adjusted earnings per share of $2.66 fell short of the Zacks Consensus Estimate of $2.80.
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Dillard's Inc.DDS , a large departmental store chain featuring fashion apparel, cosmetics and home furnishings, has witnessed significant downward revision in the Zacks Consensus Estimate following a soft start to fiscal 2015. Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report AMER EAGLE OUTF (AEO): Free Stock Analysis Report EXPRESS INC (EXPR): Free Stock Analysis Report To read this article on Zacks.com click here. Over the past 60 days, the Zacks Consensus Estimate of $8.16 and $8.92 per share for fiscal 2015 and fiscal 2016 declined 5.8% and 7.9%, respectively.
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b7c1c958-6b0c-4e5b-9307-ede91270ae47
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719965.0
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2015-06-25 00:00:00 UTC
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Assured Guaranty, Dillard's, Express, Target and Big 5 Sporting Goods highlighted as Zacks Bull and Bear of the Day - Press Releases
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DDS
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https://www.nasdaq.com/articles/assured-guaranty-dillards-express-target-and-big-5-sporting-goods-highlighted-as-zacks
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nan
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nan
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Chicago, IL - June 25, 2015- Zacks Equity Research highlights Assured Guaranty Ltd. ( AGO ) as the Bull of the Day and Dillard's Inc ( DDS ) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Express, Inc. ( EXPR ), Target Corp. ( TGT ) and Big 5 Sporting Goods Corp. ( BGFV ).
Here is a synopsis of all five stocks:
Bull of the Day :
Hamilton, Bermuda-based Assured Guaranty Ltd. ( AGO ) is the holding company for the Assured Guaranty family of companies. The company is a leader in bond insurance and enjoys strong financial strength ratings from S&P, Moody's, KBRA and A.M.Best.
The company has three principal U.S. financial guaranty direct subsidiaries and one principal Bermuda financial guaranty reinsurance subsidiary. Through its operating subsidiaries, the company provides credit protection products to the U.S. and international public finance and structured finance markets.
The company reported its Q1 results on May 9. Operating income for the quarter increased to $140 million, from $132 million in the same quarter last year, thanks mainly to higher premium and credit derivative accelerations, lower loss expense and a lower effective tax rate. Operating net income of $0.89 per share handily beat the Zacks Consensus Estimate of $0.58 per share by 53.5%.
Net earned premiums increased to $171 million from $169 million a year ago. Adjusted book value per share increased to $54.66, surpassing the previous record of $54.59. The capital base remained strong with consolidated investment portfolio and cash of $11.4 billion and claims-paying resources of $12.0 billion as of March 31.
On April 1, Assured Guaranty Corp. (AGC) acquired Radian Asset Assurance, which will be accretive to earnings.
The company bought back 5.9 million common shares in the quarter, and from January 2013 through the end of the Q1 2015, they have returned almost $1.2 billion of capital through share repurchases and dividends. They now have an authorization for an additional $400 million of share repurchases.
Bear of the Day :
The landscape continues to be challenging for many retailers despite improving economy and healing labor markets as consumers are still reluctant to spend their savings from low gas prices. Declining sales and rising costs continue to hurt Dillard's earnings.
Founded in 1938, Dillard's Inc ( DDS ) is a large departmental store chain featuring fashion apparel, cosmetics and home furnishings. The company went public in 1969 and it currently operated about 300 stores across 29 states. Their merchandise includes both national and exclusive brands.
The company reported its fiscal Q1 results on May 14. Adjusted earnings per share of $2.66 missed the Zacks Consensus Estimate of $2.80. Net sales were up 1.4% year over year to $1.57 billion; merchandise sales, however fell 1.4% to $1.51 billion.
Merchandise comparable-store sales for the quarter decreased 1% from the same period a year ago.
During the quarter, sales were notably weak in the home and furniture category. For fiscal 2015, the company maintained its guidance.
Analysts have been cutting their estimates for the company after quarterly results. Zacks Consensus Estimates for the current and the next fiscal year are now $8.16 per share and $8.92 per share respectively, down from 8.66 per share and $9.69 per share, before the results. Declining estimates sent the stock back to Zacks Rank # 5 last week.
The company has missed Zacks Consensus Estimates in all of the last four quarters, with an average quarterly surprise of 5.4%.
Declining store traffic and highly promotional environment continue to present challenges for retailers. The Zacks industry rank for Retail-Regional Department Stores is currently 240 out of 265 (Bottom 9%).
Additional content:
3 Retail Stocks for Value Investors
Every investor has an idea about investments. Some target stocks that soar on the back of positive sentiment in the market, and shun these when the market loses momentum. Some investors target stocks with higher earnings and revenue growth potential along with the ability to generate impressive cash flow compared with industry peers. Again, there are investors who look for intrinsic value in stocks.
Investment in stocks made on the basis of a diligent value analysis is usually considered to be one of the best practices. The concept is that you have to target those stocks that are trading below their inherent value. These are generally undervalued stocks, in spite of having strong fundamentals. Basically, value investing is an opportunity for risk-averse investors to enter the market and grab stocks that have been overlooked by the majority, and are therefore trading at cheap multiples but are not devoid of potential.
The market has a tendency to react to good and bad news, resulting in stock price movements that may not truly reflect the company's long-term fundamentals. In such a scenario, your returns will depend on selecting the true value stocks. These value stocks are generally unappreciated or trading at a bargain price, and could fetch higher returns on market correction.
How to Identify?
Warren Buffet said "It is far better to buy a wonderful company at a fair price than a fair company at a wonderful price". So what are the criteria to identify value stocks? A value stock may have a high dividend yield, low price-to-book ratio, low price-to-earnings ratio or a low price-to-sales ratio. However, it might be difficult for one to look at each parameter and compare with the peer group for an analysis on whether the stock is attractive from the value perspective. To make the task easy, Zacks has designed the new Style Score System .
The attractiveness of a stock as an investment option is confirmed by its Value Style Score of "A" (or "B"). The Value Style Score condenses all valuation metrics into one actionable score that helps investors steer clear of 'value traps' and identify stocks that are truly trading at a discount. Our research shows that stocks with Style Scores of A or B when combined with a Zacks Rank #1 (Strong Buy) or #2 (Buy) offer the best upside potential.
Why the Retail Sector?
Here we have identified 3 Retail stocks that have a favorable combination of a solid Zacks Rank and a sound Value Score that may boost one's portfolio and provide an above-average return on investments. The retail sector is ought to be in focus, given the gradual recovery in the housing market, the strengthening manufacturing sector, an improving labor market and lower gasoline prices. Moreover, consumer confidence - a key determinant of financial health - is also improving, making the future look brighter.
3 Value Picks
We suggest investing in Express, Inc. ( EXPR ), a specialty apparel and accessories retailer, with a Value Score of "A" and a Zacks Rank #1. The company possesses a P/E of 15.55x and P/S of 0.71x. Compared to the industry at large, this is pretty favorable as the overall space has an average P/E and P/S of 19.40x and 0.82x, respectively. The company has also been witnessing solid earnings estimate revisions over the past 30 days.
Target Corp. ( TGT ), which operates as a general merchandise retailer, is another solid bet, with a Value Score of "A" and a Zacks Rank #2. The company has a P/E of 18.09x and P/B of 3.75x, which are trading at a discount to the industry average P/E and P/B of 23.13x and 4.81x, respectively. The stock has also been enjoying positive estimate revisions over the past 60 days.
Another Zacks Rank #2 stock that investors may look forward to is Big 5 Sporting Goods Corp. ( BGFV ), with a Value Score of "A." This sporting goods retailer possesses a P/B of 1.66x and P/S of 0.33x. Compare this to the industry average of 2.63x and 0.79x, respectively, and it will be safe to consider the stock as adequately undervalued versus its peers, at least on the basis of these metrics. The Zacks Consensus Estimate too has trended upward over the past 60 days.
Bottom Line
Investors can confidently end their search at stocks with a better Zacks Rank status of either #1 or #2, which encompasses its strong fundamentals, promises price movement and highlights analysts' constructive view on the same via positive estimate revisions. A sturdy portfolio always gives favorable returns.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >>
Get today's Zacks #1 Stock of the Day with your free subscription to Profit from the Pros newsletter:
About the Bull and Bear of the Day
Every day, the analysts at Zacks Equity Research select two stocks that are likely to outperform (Bull) or underperform (Bear) the markets over the next 3-6 months.
About the Analyst Blog
Updated throughout every trading day, the Analyst Blog provides analysis from Zacks Equity Research about the latest news and events impacting stocks and the financial markets.
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous analyst coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Click here to subscribe to this free newsletter today .
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ASSURED GUARNTY (AGO): Free Stock Analysis Report
DILLARDS INC-A (DDS): Free Stock Analysis Report
EXPRESS INC (EXPR): Free Stock Analysis Report
TARGET CORP (TGT): Free Stock Analysis Report
BIG 5 SPORTING (BGFV): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Chicago, IL - June 25, 2015- Zacks Equity Research highlights Assured Guaranty Ltd. ( AGO ) as the Bull of the Day and Dillard's Inc ( DDS ) as the Bear of the Day. Founded in 1938, Dillard's Inc ( DDS ) is a large departmental store chain featuring fashion apparel, cosmetics and home furnishings. Click to get this free report ASSURED GUARNTY (AGO): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report EXPRESS INC (EXPR): Free Stock Analysis Report TARGET CORP (TGT): Free Stock Analysis Report BIG 5 SPORTING (BGFV): Free Stock Analysis Report To read this article on Zacks.com click here.
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Click to get this free report ASSURED GUARNTY (AGO): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report EXPRESS INC (EXPR): Free Stock Analysis Report TARGET CORP (TGT): Free Stock Analysis Report BIG 5 SPORTING (BGFV): Free Stock Analysis Report To read this article on Zacks.com click here. Chicago, IL - June 25, 2015- Zacks Equity Research highlights Assured Guaranty Ltd. ( AGO ) as the Bull of the Day and Dillard's Inc ( DDS ) as the Bear of the Day. Founded in 1938, Dillard's Inc ( DDS ) is a large departmental store chain featuring fashion apparel, cosmetics and home furnishings.
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Click to get this free report ASSURED GUARNTY (AGO): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report EXPRESS INC (EXPR): Free Stock Analysis Report TARGET CORP (TGT): Free Stock Analysis Report BIG 5 SPORTING (BGFV): Free Stock Analysis Report To read this article on Zacks.com click here. Chicago, IL - June 25, 2015- Zacks Equity Research highlights Assured Guaranty Ltd. ( AGO ) as the Bull of the Day and Dillard's Inc ( DDS ) as the Bear of the Day. Founded in 1938, Dillard's Inc ( DDS ) is a large departmental store chain featuring fashion apparel, cosmetics and home furnishings.
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Chicago, IL - June 25, 2015- Zacks Equity Research highlights Assured Guaranty Ltd. ( AGO ) as the Bull of the Day and Dillard's Inc ( DDS ) as the Bear of the Day. Founded in 1938, Dillard's Inc ( DDS ) is a large departmental store chain featuring fashion apparel, cosmetics and home furnishings. Click to get this free report ASSURED GUARNTY (AGO): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report EXPRESS INC (EXPR): Free Stock Analysis Report TARGET CORP (TGT): Free Stock Analysis Report BIG 5 SPORTING (BGFV): Free Stock Analysis Report To read this article on Zacks.com click here.
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549ae3f6-5006-4321-943d-9e98218c8382
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719966.0
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2015-06-25 00:00:00 UTC
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Bear of the Day: Dillard's (DDS) - Bear of the Day
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DDS
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https://www.nasdaq.com/articles/bear-day-dillards-dds-bear-day-2015-06-25
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nan
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nan
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The landscape continues to be challenging for many retailers despite improving economy and healing labor markets as consumers are still reluctant to spend their savings from low gas prices. Declining sales and rising costs continue to hurt Dillard's earnings.
Founded in 1938, Dillard's Inc ( DDS ) is a large departmental store chain featuring fashion apparel, cosmetics and home furnishings. The company went public in 1969 and it currently operated about 300 stores across 29 states. Their merchandise includes both national and exclusive brands.
Disappointing Results
The company reported its fiscal Q1 results on May 14. Adjusted earnings per share of $2.66 missed the Zacks Consensus Estimate of $2.80. Net sales were up 1.4% year over year to $1.57 billion; merchandise sales, however fell 1.4% to $1.51 billion.
Merchandise comparable-store sales for the quarter decreased 1% from the same period a year ago.
During the quarter, sales were notably weak in the home and furniture category. For fiscal 2015, the company maintained its guidance.
Falling Estimates
Analysts have been cutting their estimates for the company after quarterly results. Zacks Consensus Estimates for the current and the next fiscal year are now $8.16 per share and $8.92 per share respectively, down from 8.66 per share and $9.69 per share, before the results. Declining estimates sent the stock back to Zacks Rank # 5 last week.
The company has missed Zacks Consensus Estimates in all of the last four quarters, with an average quarterly surprise of 5.4%.
The Bottom Line
Declining store traffic and highly promotional environment continue to present challenges for retailers. The Zacks industry rank for Retail-Regional Department Stores is currently 240 out of 265 (Bottom 9%).
Investors seeking exposure to the industry could look at J. C. Penney, which currently holds a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
DILLARDS INC-A (DDS): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Founded in 1938, Dillard's Inc ( DDS ) is a large departmental store chain featuring fashion apparel, cosmetics and home furnishings. Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. The landscape continues to be challenging for many retailers despite improving economy and healing labor markets as consumers are still reluctant to spend their savings from low gas prices.
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Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Founded in 1938, Dillard's Inc ( DDS ) is a large departmental store chain featuring fashion apparel, cosmetics and home furnishings. The company has missed Zacks Consensus Estimates in all of the last four quarters, with an average quarterly surprise of 5.4%.
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Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Founded in 1938, Dillard's Inc ( DDS ) is a large departmental store chain featuring fashion apparel, cosmetics and home furnishings. Zacks Consensus Estimates for the current and the next fiscal year are now $8.16 per share and $8.92 per share respectively, down from 8.66 per share and $9.69 per share, before the results.
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Founded in 1938, Dillard's Inc ( DDS ) is a large departmental store chain featuring fashion apparel, cosmetics and home furnishings. Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Disappointing Results The company reported its fiscal Q1 results on May 14.
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1b41b2fc-078e-45a0-ac5b-21afc084b5fc
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719967.0
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2015-06-25 00:00:00 UTC
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Dillard's is Now Oversold (DDS)
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DDS
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https://www.nasdaq.com/articles/dillards-now-oversold-dds-2015-06-25
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nan
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nan
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Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.
In trading on Thursday, shares of Dillard's Inc. (Symbol: DDS) entered into oversold territory, hitting an RSI reading of 26.6, after changing hands as low as $107.08 per share. By comparison, the current RSI reading of the S&P 500 ETF ( SPY ) is 50.1. A bullish investor could look at DDS's 26.6 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of DDS shares:
Looking at the chart above, DDS's low point in its 52 week range is $100.00 per share, with $144.21 as the 52 week high point - that compares with a last trade of $107.70.
According to the ETF Finder at ETF Channel, DDS makes up 4.37% of the PowerShares DWA Consumer Cyclicals Momentum Portfolio ETF (Symbol: PEZ) which is trading up by about 0.1% on the day Thursday.
Find out what 9 other oversold stocks you need to know about »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In trading on Thursday, shares of Dillard's Inc. (Symbol: DDS) entered into oversold territory, hitting an RSI reading of 26.6, after changing hands as low as $107.08 per share. A bullish investor could look at DDS's 26.6 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of DDS shares: Looking at the chart above, DDS's low point in its 52 week range is $100.00 per share, with $144.21 as the 52 week high point - that compares with a last trade of $107.70.
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In trading on Thursday, shares of Dillard's Inc. (Symbol: DDS) entered into oversold territory, hitting an RSI reading of 26.6, after changing hands as low as $107.08 per share. The chart below shows the one year performance of DDS shares: Looking at the chart above, DDS's low point in its 52 week range is $100.00 per share, with $144.21 as the 52 week high point - that compares with a last trade of $107.70. A bullish investor could look at DDS's 26.6 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.
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In trading on Thursday, shares of Dillard's Inc. (Symbol: DDS) entered into oversold territory, hitting an RSI reading of 26.6, after changing hands as low as $107.08 per share. The chart below shows the one year performance of DDS shares: Looking at the chart above, DDS's low point in its 52 week range is $100.00 per share, with $144.21 as the 52 week high point - that compares with a last trade of $107.70. A bullish investor could look at DDS's 26.6 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.
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In trading on Thursday, shares of Dillard's Inc. (Symbol: DDS) entered into oversold territory, hitting an RSI reading of 26.6, after changing hands as low as $107.08 per share. According to the ETF Finder at ETF Channel, DDS makes up 4.37% of the PowerShares DWA Consumer Cyclicals Momentum Portfolio ETF (Symbol: PEZ) which is trading up by about 0.1% on the day Thursday. A bullish investor could look at DDS's 26.6 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.
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9f3ce2c7-4e19-4b7e-bf25-84244677418e
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719968.0
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2015-06-15 00:00:00 UTC
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Dillard's Down to Strong Sell on Dismal Earnings Trend - Analyst Blog
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DDS
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https://www.nasdaq.com/articles/dillards-down-to-strong-sell-on-dismal-earnings-trend-analyst-blog-2015-06-15
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nan
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nan
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On Jun 13, 2015, Zacks Investment Research downgraded the leading fashion apparel, cosmetics and home furnishings retailer Dillard's Inc.DDS , to a Zacks Rank #5 (Strong Sell).
Why the Downgrade?
Dillard's has underperformed the Zacks Consensus Estimate in the trailing four quarters, resulting in an average negative surprise of 5.4%.
In first-quarter fiscal 2015, the company's adjusted earnings per share of $2.66 fell short of the Zacks Consensus Estimate of $2.80. Earnings were lower than expected due to a decline in merchandise sales, which deleveraged operating expenses. Merchandise sales, excluding CDI, fell 1.4% to $1,518 million, while merchandise comps were down 1%.
Moreover, the company's guidance for fiscal 2015 indicates significant cost pressures for the year, which might hurt the bottom line again. This led to a downtrend in the Zacks Consensus Estimate over the last 30 days.
Additionally, soft economic recovery and intense competition might prove to be hurdles for the company.
Dillard's operates in the highly competitive retail merchandise industry. Although it is a large regional department store, the company has many rivals at the national level competing with its individual stores. On losing its competitive position, the company might face pricing pressure, lower demand for its products as well as reduced margins. Further, the company will not be able to capitalize on new business opportunities and hence, lose much of its market share.
The retail merchandise business is prone to changes in consumer preferences and spending patterns, demographic trends, consumer credit availability and location of competing stores. Factors such as inflation, apparel costs, labor and benefit costs, legal claims and the availability of management and hourly employees also affect store operations and administrative expenses.
Stocks that Warrant a Look
A better-ranked stock in the same industry is J. C. Penney Company Inc. JCP , holding a Zacks Rank #2 (Buy). Other better-ranked stocks in the broader retail sector include American Eagle Outfitters Inc. AEO and Express Inc. EXPR , both carrying a Zacks Rank #1 (Strong Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
DILLARDS INC-A (DDS): Free Stock Analysis Report
PENNEY (JC) INC (JCP): Free Stock Analysis Report
AMER EAGLE OUTF (AEO): Free Stock Analysis Report
EXPRESS INC (EXPR): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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On Jun 13, 2015, Zacks Investment Research downgraded the leading fashion apparel, cosmetics and home furnishings retailer Dillard's Inc.DDS , to a Zacks Rank #5 (Strong Sell). Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report AMER EAGLE OUTF (AEO): Free Stock Analysis Report EXPRESS INC (EXPR): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's has underperformed the Zacks Consensus Estimate in the trailing four quarters, resulting in an average negative surprise of 5.4%.
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Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report AMER EAGLE OUTF (AEO): Free Stock Analysis Report EXPRESS INC (EXPR): Free Stock Analysis Report To read this article on Zacks.com click here. On Jun 13, 2015, Zacks Investment Research downgraded the leading fashion apparel, cosmetics and home furnishings retailer Dillard's Inc.DDS , to a Zacks Rank #5 (Strong Sell). Other better-ranked stocks in the broader retail sector include American Eagle Outfitters Inc. AEO and Express Inc. EXPR , both carrying a Zacks Rank #1 (Strong Buy).
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On Jun 13, 2015, Zacks Investment Research downgraded the leading fashion apparel, cosmetics and home furnishings retailer Dillard's Inc.DDS , to a Zacks Rank #5 (Strong Sell). Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report AMER EAGLE OUTF (AEO): Free Stock Analysis Report EXPRESS INC (EXPR): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks that Warrant a Look A better-ranked stock in the same industry is J. C. Penney Company Inc. JCP , holding a Zacks Rank #2 (Buy).
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On Jun 13, 2015, Zacks Investment Research downgraded the leading fashion apparel, cosmetics and home furnishings retailer Dillard's Inc.DDS , to a Zacks Rank #5 (Strong Sell). Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report AMER EAGLE OUTF (AEO): Free Stock Analysis Report EXPRESS INC (EXPR): Free Stock Analysis Report To read this article on Zacks.com click here. In first-quarter fiscal 2015, the company's adjusted earnings per share of $2.66 fell short of the Zacks Consensus Estimate of $2.80.
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e25d199b-3e85-48bf-8373-7006f11cec77
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719969.0
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2015-05-22 00:00:00 UTC
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New Strong Sell Stocks for May 22nd - Tale of the Tape
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DDS
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https://www.nasdaq.com/articles/new-strong-sell-stocks-for-may-22nd-tale-of-the-tape-2015-05-22
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nan
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nan
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Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today:
Altera Corporation ( ALTR )
ANI Pharmaceuticals Inc ( ANIP )
Dillard's, Inc. ( DDS )
Dillard's, Inc. ( DCI )
Empresa Nacional de Electricidad ( EOC )
View the entire Zacks Rank #5 List .
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
ALTERA CORP (ALTR): Free Stock Analysis Report
ANI PHARMACEUT (ANIP): Free Stock Analysis Report
DILLARDS INC-A (DDS): Free Stock Analysis Report
DONALDSON CO (DCI): Free Stock Analysis Report
ENDESA-CHILE (EOC): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today: Altera Corporation ( ALTR ) ANI Pharmaceuticals Inc ( ANIP ) Dillard's, Inc. ( DDS ) Dillard's, Inc. ( DCI ) Empresa Nacional de Electricidad ( EOC ) View the entire Zacks Rank #5 List . Click to get this free report ALTERA CORP (ALTR): Free Stock Analysis Report ANI PHARMACEUT (ANIP): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report DONALDSON CO (DCI): Free Stock Analysis Report ENDESA-CHILE (EOC): Free Stock Analysis Report To read this article on Zacks.com click here. Want the latest recommendations from Zacks Investment Research?
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Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today: Altera Corporation ( ALTR ) ANI Pharmaceuticals Inc ( ANIP ) Dillard's, Inc. ( DDS ) Dillard's, Inc. ( DCI ) Empresa Nacional de Electricidad ( EOC ) View the entire Zacks Rank #5 List . Click to get this free report ALTERA CORP (ALTR): Free Stock Analysis Report ANI PHARMACEUT (ANIP): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report DONALDSON CO (DCI): Free Stock Analysis Report ENDESA-CHILE (EOC): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today: Altera Corporation ( ALTR ) ANI Pharmaceuticals Inc ( ANIP ) Dillard's, Inc. ( DDS ) Dillard's, Inc. ( DCI ) Empresa Nacional de Electricidad ( EOC ) View the entire Zacks Rank #5 List . Click to get this free report ALTERA CORP (ALTR): Free Stock Analysis Report ANI PHARMACEUT (ANIP): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report DONALDSON CO (DCI): Free Stock Analysis Report ENDESA-CHILE (EOC): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today: Altera Corporation ( ALTR ) ANI Pharmaceuticals Inc ( ANIP ) Dillard's, Inc. ( DDS ) Dillard's, Inc. ( DCI ) Empresa Nacional de Electricidad ( EOC ) View the entire Zacks Rank #5 List . Click to get this free report ALTERA CORP (ALTR): Free Stock Analysis Report ANI PHARMACEUT (ANIP): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report DONALDSON CO (DCI): Free Stock Analysis Report ENDESA-CHILE (EOC): Free Stock Analysis Report To read this article on Zacks.com click here. Want the latest recommendations from Zacks Investment Research?
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4b9606e8-ea5a-4bfc-a81b-670a9ea23736
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719970.0
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2015-05-19 00:00:00 UTC
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Tuesday 5/19 Insider Buying Report: DDS, FMSA
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DDS
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https://www.nasdaq.com/articles/tuesday-519-insider-buying-report-dds-fmsa-2015-05-19
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nan
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nan
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Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned dollars to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys.
On Monday, Dillard's ( DDS )'s Director, Reynie Rutledge, made a $462,440 buy of DDS, purchasing 4,000 shares at a cost of $115.61 a piece. Rutledge was up about 2.4% on the purchase at the high point of today's trading session, with DDS trading as high as $118.44 in trading on Tuesday. Dillard's is trading up about 0.8% on the day Tuesday.
And on Thursday, Director William E. Conway bought $276,600 worth of FMSA Holdings ( FMSA ), buying 30,000 shares at a cost of $9.22 a piece. Before this latest buy, Conway made one other buy in the past year, purchasing $235,365 shares for a cost of $15.59 each. FMSA Holdings is trading off about 2.5% on the day Tuesday. Investors are able to snag FMSA even cheaper than Conway did, with shares trading as low as $8.70 at last check today which is 5.6% below Conway's purchase price.
VIDEO: Tuesday 5/19 Insider Buying Report: DDS, FMSA
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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On Monday, Dillard's ( DDS )'s Director, Reynie Rutledge, made a $462,440 buy of DDS, purchasing 4,000 shares at a cost of $115.61 a piece. VIDEO: Tuesday 5/19 Insider Buying Report: DDS, FMSA The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Rutledge was up about 2.4% on the purchase at the high point of today's trading session, with DDS trading as high as $118.44 in trading on Tuesday.
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On Monday, Dillard's ( DDS )'s Director, Reynie Rutledge, made a $462,440 buy of DDS, purchasing 4,000 shares at a cost of $115.61 a piece. VIDEO: Tuesday 5/19 Insider Buying Report: DDS, FMSA The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Rutledge was up about 2.4% on the purchase at the high point of today's trading session, with DDS trading as high as $118.44 in trading on Tuesday.
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On Monday, Dillard's ( DDS )'s Director, Reynie Rutledge, made a $462,440 buy of DDS, purchasing 4,000 shares at a cost of $115.61 a piece. Rutledge was up about 2.4% on the purchase at the high point of today's trading session, with DDS trading as high as $118.44 in trading on Tuesday. VIDEO: Tuesday 5/19 Insider Buying Report: DDS, FMSA The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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On Monday, Dillard's ( DDS )'s Director, Reynie Rutledge, made a $462,440 buy of DDS, purchasing 4,000 shares at a cost of $115.61 a piece. Rutledge was up about 2.4% on the purchase at the high point of today's trading session, with DDS trading as high as $118.44 in trading on Tuesday. VIDEO: Tuesday 5/19 Insider Buying Report: DDS, FMSA The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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76db3711-eb8a-44d2-8b62-b252eb2f1149
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719971.0
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2015-05-15 00:00:00 UTC
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Notable Two Hundred Day Moving Average Cross - DDS
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DDS
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https://www.nasdaq.com/articles/notable-two-hundred-day-moving-average-cross-dds-2015-05-15
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nan
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nan
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In trading on Friday, shares of Dillard's Inc. (Symbol: DDS) crossed below their 200 day moving average of $119.88, changing hands as low as $114.00 per share. Dillard's Inc. shares are currently trading off about 8% on the day. The chart below shows the one year performance of DDS shares, versus its 200 day moving average:
Looking at the chart above, DDS's low point in its 52 week range is $95.80 per share, with $144.21 as the 52 week high point - that compares with a last trade of $114.78.
According to the ETF Finder at ETF Channel, DDS makes up 4.93% of the PowerShares DWA Consumer Cyclicals Momentum Portfolio ETF (Symbol: PEZ) which is trading lower by about 0.3% on the day Friday.
Click here to find out which 9 other stocks recently crossed below their 200 day moving average »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In trading on Friday, shares of Dillard's Inc. (Symbol: DDS) crossed below their 200 day moving average of $119.88, changing hands as low as $114.00 per share. The chart below shows the one year performance of DDS shares, versus its 200 day moving average: Looking at the chart above, DDS's low point in its 52 week range is $95.80 per share, with $144.21 as the 52 week high point - that compares with a last trade of $114.78. According to the ETF Finder at ETF Channel, DDS makes up 4.93% of the PowerShares DWA Consumer Cyclicals Momentum Portfolio ETF (Symbol: PEZ) which is trading lower by about 0.3% on the day Friday.
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In trading on Friday, shares of Dillard's Inc. (Symbol: DDS) crossed below their 200 day moving average of $119.88, changing hands as low as $114.00 per share. The chart below shows the one year performance of DDS shares, versus its 200 day moving average: Looking at the chart above, DDS's low point in its 52 week range is $95.80 per share, with $144.21 as the 52 week high point - that compares with a last trade of $114.78. According to the ETF Finder at ETF Channel, DDS makes up 4.93% of the PowerShares DWA Consumer Cyclicals Momentum Portfolio ETF (Symbol: PEZ) which is trading lower by about 0.3% on the day Friday.
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In trading on Friday, shares of Dillard's Inc. (Symbol: DDS) crossed below their 200 day moving average of $119.88, changing hands as low as $114.00 per share. The chart below shows the one year performance of DDS shares, versus its 200 day moving average: Looking at the chart above, DDS's low point in its 52 week range is $95.80 per share, with $144.21 as the 52 week high point - that compares with a last trade of $114.78. According to the ETF Finder at ETF Channel, DDS makes up 4.93% of the PowerShares DWA Consumer Cyclicals Momentum Portfolio ETF (Symbol: PEZ) which is trading lower by about 0.3% on the day Friday.
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In trading on Friday, shares of Dillard's Inc. (Symbol: DDS) crossed below their 200 day moving average of $119.88, changing hands as low as $114.00 per share. According to the ETF Finder at ETF Channel, DDS makes up 4.93% of the PowerShares DWA Consumer Cyclicals Momentum Portfolio ETF (Symbol: PEZ) which is trading lower by about 0.3% on the day Friday. The chart below shows the one year performance of DDS shares, versus its 200 day moving average: Looking at the chart above, DDS's low point in its 52 week range is $95.80 per share, with $144.21 as the 52 week high point - that compares with a last trade of $114.78.
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376a0262-94da-48f0-ad18-cd37838ef2bf
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719972.0
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2015-05-15 00:00:00 UTC
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Dillard's Falls on Q1 Earnings Miss, Reiterates Guidance - Analyst Blog
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DDS
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https://www.nasdaq.com/articles/dillards-falls-on-q1-earnings-miss-reiterates-guidance-analyst-blog-2015-05-15
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nan
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nan
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Leading fashion apparel, cosmetics and home furnishings retailer, Dillard's Inc.DDS reported lower-than-anticipated first-quarter fiscal 2015 results, wherein adjusted earnings per share of $2.66 fell short of the Zacks Consensus Estimate of $2.80. However, adjusted earnings marked a year-over-year improvement of nearly 3.9%.
Earnings were below estimates owing to a decline in merchandise sales, which deleveraged operating expenses.
Following the lower-than-expected results, the company's shares dipped 3.5% in the after-hours trading session yesterday.
Dillard's net sales (including CDI Contractors LLC or CDI) jumped nearly 1.4% year over year to $1,573.5 million in the quarter. Merchandise sales, excluding CDI, fell 1.4% to $1,518 million from $1,539 million in the year-ago quarter.
The company's total revenue (including service charges and other income) of $1,613.4 million increased 1.6% from the year-ago quarter figure of $1,588.5 million and marginally beat the Zacks Consensus Estimate of $1,612 million.
Merchandise comparable-store sales (comps) for the thirteen-week period ended May 2, 2015 decreased 1% from the thirteen-week period ended May 3, 2014.
During the quarter, the outperforming categories were juniors' and children's apparel, followed by strong performance at the shoes and ladies' apparel categories. However, the home and furniture category recorded the lowest sales in the quarter. The best performing region was Eastern, followed by the Central and Western regions, respectively.
In the quarter, consolidated gross margin contracted 50 basis points (bps), while gross margin from retail operations (excluding CDI) expanded 52 bps. The reason behind the difference in retail and consolidated gross margin is increased revenue at CDI.
Dillard's selling, general and administrative (SG&A) expenses increased nearly 2.5% to $403.6 million, while as a percentage of sales it expanded 20 bps to 25.6%. Operating expenses from retail operations, as a percentage of sales, expanded 101 bps to 26.5%, primarily due to higher payroll and services purchase expense, offset by lower insurance and advertising costs.
Other Financial Details
Dillard's ended the first-quarter with cash and cash equivalents of $457.6 million compared with $312.1 million at the end of first-quarter fiscal 2014. As of May 2, 2015, the company's long-term debt and capital leases was $620.5 million compared with $621.3 million as of May 3, 2014.
In first-quarter fiscal 2015, the company generated net cash flow from operations of $91.3 million compared with $161.9 million in the prior-year period.
In a separate announcement, the company revealed plans to further enhance its financial position with the issuance of a new $1 billion senior unsecured credit facility. This new facility replaces the company's existing $1 billion secured credit facility.
Store Update
As of May 2, 2015, Dillard's had about 274 namesake outlets and 23 clearance centers operating in 29 states and an online store at www.dillards.com. Dillard's total square footage as of May 2, 2015 was 50.1 million.
In fiscal 2015, the company plans to open three new stores at Fashion Place in Murray, UT; Fremaux Town Center in Slidell, LA; and Liberty Center in Cincinnati, OH.
Fiscal 2015 Outlook
For fiscal 2015, the company retained its projections. Dillard's expects rentals of approximately $25 million in the fiscal compared with $27 million reported in fiscal 2014. Net interest and debt expenses for the year are expected to be nearly $61 million, flat with fiscal 2014.
Moreover, the company continues to expect capital expenditure for fiscal 2015 to be about $160 million compared with $152 million in fiscal 2014. Depreciation and amortization expenses for the fiscal are expected to be $250 million compared with $251 million incurred in fiscal 2014.
Stocks to Consider
Currently, Dillard's holds a Zacks Rank #3 (Hold). Better-ranked stocks in the same industry include Kohl's Corp. KSS and J. C. Penney Company Inc. JCP , both carrying a Zacks Rank #2 (Buy). Another stock worth considering in the broader retail space is Citi Trends Inc. CTRN also with a Zacks Rank #2.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >>
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DILLARDS INC-A (DDS): Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Leading fashion apparel, cosmetics and home furnishings retailer, Dillard's Inc.DDS reported lower-than-anticipated first-quarter fiscal 2015 results, wherein adjusted earnings per share of $2.66 fell short of the Zacks Consensus Estimate of $2.80. Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report KOHLS CORP (KSS): Free Stock Analysis Report CITI TRENDS INC (CTRN): Free Stock Analysis Report To read this article on Zacks.com click here. In a separate announcement, the company revealed plans to further enhance its financial position with the issuance of a new $1 billion senior unsecured credit facility.
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Leading fashion apparel, cosmetics and home furnishings retailer, Dillard's Inc.DDS reported lower-than-anticipated first-quarter fiscal 2015 results, wherein adjusted earnings per share of $2.66 fell short of the Zacks Consensus Estimate of $2.80. Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report KOHLS CORP (KSS): Free Stock Analysis Report CITI TRENDS INC (CTRN): Free Stock Analysis Report To read this article on Zacks.com click here. In the quarter, consolidated gross margin contracted 50 basis points (bps), while gross margin from retail operations (excluding CDI) expanded 52 bps.
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Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report KOHLS CORP (KSS): Free Stock Analysis Report CITI TRENDS INC (CTRN): Free Stock Analysis Report To read this article on Zacks.com click here. Leading fashion apparel, cosmetics and home furnishings retailer, Dillard's Inc.DDS reported lower-than-anticipated first-quarter fiscal 2015 results, wherein adjusted earnings per share of $2.66 fell short of the Zacks Consensus Estimate of $2.80. The company's total revenue (including service charges and other income) of $1,613.4 million increased 1.6% from the year-ago quarter figure of $1,588.5 million and marginally beat the Zacks Consensus Estimate of $1,612 million.
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Leading fashion apparel, cosmetics and home furnishings retailer, Dillard's Inc.DDS reported lower-than-anticipated first-quarter fiscal 2015 results, wherein adjusted earnings per share of $2.66 fell short of the Zacks Consensus Estimate of $2.80. Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report KOHLS CORP (KSS): Free Stock Analysis Report CITI TRENDS INC (CTRN): Free Stock Analysis Report To read this article on Zacks.com click here. The company's total revenue (including service charges and other income) of $1,613.4 million increased 1.6% from the year-ago quarter figure of $1,588.5 million and marginally beat the Zacks Consensus Estimate of $1,612 million.
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130374c1-919d-46ae-92f0-9cd547ffc7d1
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719973.0
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2015-05-14 00:00:00 UTC
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Earnings Reaction History: Dillards Inc CL A, 37.5% Follow-Through Indicator, 5.1% Sensitive
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DDS
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https://www.nasdaq.com/articles/earnings-reaction-history-dillards-inc-cl-375-follow-through-indicator-51-sensitive-2015
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nan
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nan
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Expected Earnings Release: 05/14/2015, After-hours
Avg. Extended-Hours Dollar Volume: $1,365,993
Dillards Inc CL A ( DDS ) is due to issue its quarterly earnings report in the upcoming extended-hours session. Given its history, traders can expect light trading in the issue immediately following its quarterly earnings announcement. Historical earnings event related premarket and after-hours trading activity in DDS indicates that the price change in the extended hours is likely to be of limited value in forecasting additional price movement by the following regular session close.
Last 12 Qtrs Positive Only Price Reactions
Percent of time added to extended-hours gains: 33.3%
Average next regular session additional gain: 1%
Over the prior three fiscal years (12 quarters), when shares of DDS rose in the extended-hours session in reaction to its earnings announcement, history shows that 33.3% of the time (2 events) the stock posted additional gains in the following regular session by an average of 1.0%.
Last 12 Qtrs Negative Only Price Reactions
Percent of time added to extended-hours losses: 50%
Average next regular session additional loss: 5.7%
Over that same historical period, when shares of DDS dropped in the extended-hours in reaction to its earnings announcement, history shows that 50.0% of the time (1 event) the stock dropped further, adding to the extended-hours losses by an average of 5.7% by the following regular session close.
Data provided by the MT Pro service at MTNewswires.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Last 12 Qtrs Positive Only Price Reactions Percent of time added to extended-hours gains: 33.3% Average next regular session additional gain: 1% Over the prior three fiscal years (12 quarters), when shares of DDS rose in the extended-hours session in reaction to its earnings announcement, history shows that 33.3% of the time (2 events) the stock posted additional gains in the following regular session by an average of 1.0%. Last 12 Qtrs Negative Only Price Reactions Percent of time added to extended-hours losses: 50% Average next regular session additional loss: 5.7% Over that same historical period, when shares of DDS dropped in the extended-hours in reaction to its earnings announcement, history shows that 50.0% of the time (1 event) the stock dropped further, adding to the extended-hours losses by an average of 5.7% by the following regular session close. Extended-Hours Dollar Volume: $1,365,993 Dillards Inc CL A ( DDS ) is due to issue its quarterly earnings report in the upcoming extended-hours session.
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Last 12 Qtrs Positive Only Price Reactions Percent of time added to extended-hours gains: 33.3% Average next regular session additional gain: 1% Over the prior three fiscal years (12 quarters), when shares of DDS rose in the extended-hours session in reaction to its earnings announcement, history shows that 33.3% of the time (2 events) the stock posted additional gains in the following regular session by an average of 1.0%. Last 12 Qtrs Negative Only Price Reactions Percent of time added to extended-hours losses: 50% Average next regular session additional loss: 5.7% Over that same historical period, when shares of DDS dropped in the extended-hours in reaction to its earnings announcement, history shows that 50.0% of the time (1 event) the stock dropped further, adding to the extended-hours losses by an average of 5.7% by the following regular session close. Extended-Hours Dollar Volume: $1,365,993 Dillards Inc CL A ( DDS ) is due to issue its quarterly earnings report in the upcoming extended-hours session.
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Last 12 Qtrs Positive Only Price Reactions Percent of time added to extended-hours gains: 33.3% Average next regular session additional gain: 1% Over the prior three fiscal years (12 quarters), when shares of DDS rose in the extended-hours session in reaction to its earnings announcement, history shows that 33.3% of the time (2 events) the stock posted additional gains in the following regular session by an average of 1.0%. Last 12 Qtrs Negative Only Price Reactions Percent of time added to extended-hours losses: 50% Average next regular session additional loss: 5.7% Over that same historical period, when shares of DDS dropped in the extended-hours in reaction to its earnings announcement, history shows that 50.0% of the time (1 event) the stock dropped further, adding to the extended-hours losses by an average of 5.7% by the following regular session close. Extended-Hours Dollar Volume: $1,365,993 Dillards Inc CL A ( DDS ) is due to issue its quarterly earnings report in the upcoming extended-hours session.
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Extended-Hours Dollar Volume: $1,365,993 Dillards Inc CL A ( DDS ) is due to issue its quarterly earnings report in the upcoming extended-hours session. Last 12 Qtrs Positive Only Price Reactions Percent of time added to extended-hours gains: 33.3% Average next regular session additional gain: 1% Over the prior three fiscal years (12 quarters), when shares of DDS rose in the extended-hours session in reaction to its earnings announcement, history shows that 33.3% of the time (2 events) the stock posted additional gains in the following regular session by an average of 1.0%. Historical earnings event related premarket and after-hours trading activity in DDS indicates that the price change in the extended hours is likely to be of limited value in forecasting additional price movement by the following regular session close.
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7d6c92bb-518c-4846-8547-dcd7515926f7
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719974.0
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2015-05-14 00:00:00 UTC
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After-Hours Earnings Report for May 14, 2015 : AMAT, SYMC, JWN, KING, DDS, EXP, STN, SINA, HTHT, AGRO, SBS, DLNG
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DDS
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https://www.nasdaq.com/articles/after-hours-earnings-report-may-14-2015-amat-symc-jwn-king-dds-exp-stn-sina-htht-agro-sbs
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nan
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nan
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The following companies are expected to report earnings after hours on 05/14/2015. Visit our Earnings Calendar for a full list of expected earnings releases.
Applied Materials, Inc. ( AMAT ) is reporting for the quarter ending April 30, 2015. The capital goods company's consensus earnings per share forecast from the 11 analysts that follow the stock is $0.28. This value represents a no change for the same quarter last year. In the past year AMAT has met analyst expectations three times and beat the expectations the other quarter. Zacks Investment Research reports that the 2015 Price to Earnings ratio for AMAT is 16.07 vs. an industry ratio of 12.30, implying that they will have a higher earnings growth than their competitors in the same industry.
Symantec Corporation ( SYMC ) is reporting for the quarter ending March 31, 2015. The computer software company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.37. This value represents a 11.90% decrease compared to the same quarter last year. In the past year SYMC has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 9.3%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for SYMC is 15.07 vs. an industry ratio of -6.40, implying that they will have a higher earnings growth than their competitors in the same industry.
Nordstrom, Inc. ( JWN ) is reporting for the quarter ending April 30, 2015. The retail (shoe) company's consensus earnings per share forecast from the 15 analysts that follow the stock is $0.71. This value represents a 1.39% decrease compared to the same quarter last year. JWN missed the consensus earnings per share in the 1st calendar quarter of 2015 by -2.22%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for JWN is 20.15 vs. an industry ratio of 15.10, implying that they will have a higher earnings growth than their competitors in the same industry.
King Digital Entertainment plc ( KING ) is reporting for the quarter ending March 31, 2015. The internet software company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.46. This value represents a 12.20% increase compared to the same quarter last year. KING missed the consensus earnings per share in the 1st calendar quarter of 2014 by -31.67%. The "days to cover" for this stock exceeds 13 days. Zacks Investment Research reports that the 2015 Price to Earnings ratio for KING is 9.92 vs. an industry ratio of -16.30, implying that they will have a higher earnings growth than their competitors in the same industry.
Dillard's, Inc. ( DDS ) is reporting for the quarter ending April 30, 2015. The retail company's consensus earnings per share forecast from the 3 analysts that follow the stock is $2.80. This value represents a 9.37% increase compared to the same quarter last year. Zacks Investment Research reports that the 2016 Price to Earnings ratio for DDS is 14.63 vs. an industry ratio of 15.30.
Eagle Materials Inc ( EXP ) is reporting for the quarter ending March 31, 2015. The building company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.73. This value represents a 62.22% increase compared to the same quarter last year. Zacks Investment Research reports that the 2015 Price to Earnings ratio for EXP is 24.71 vs. an industry ratio of 21.90, implying that they will have a higher earnings growth than their competitors in the same industry.
Stantec Inc ( STN ) is reporting for the quarter ending March 31, 2015. The consulting company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.31. This value represents a 3.13% decrease compared to the same quarter last year. The last two quarters STN had negative earnings surprises; the latest report they missed by -20%. The "days to cover" for this stock exceeds 15 days. Zacks Investment Research reports that the 2015 Price to Earnings ratio for STN is 17.31 vs. an industry ratio of 21.60.
Sina Corporation ( SINA ) is reporting for the quarter ending March 31, 2015. The internet content company's consensus earnings per share forecast from the 1 analyst that follows the stock is $-0.08. This value represents a 260.00% decrease compared to the same quarter last year. SINA missed the consensus earnings per share in the 4th calendar quarter of 2014 by -33.33%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for SINA is 227.21 vs. an industry ratio of 45.70, implying that they will have a higher earnings growth than their competitors in the same industry.
China Lodging Group, Limited ( HTHT ) is reporting for the quarter ending March 31, 2015. The hotel company's consensus earnings per share forecast from the 1 analyst that follows the stock is $-0.01. This value represents a 66.67% increase compared to the same quarter last year. Zacks Investment Research reports that the 2015 Price to Earnings ratio for HTHT is 26.23 vs. an industry ratio of 33.90.
Adecoagro S.A. ( AGRO ) is reporting for the quarter ending March 31, 2015. The agriculture company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.09. This value represents a 99.99% decrease compared to the same quarter last year.
Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp ( SBS ) is reporting for the quarter ending March 31, 2015. The water supply company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.14. This value represents a 56.25% decrease compared to the same quarter last year. SBS missed the consensus earnings per share in the 3rd calendar quarter of 2014 by -66.67%. Zacks Investment Research reports that the 2015 Price to Earnings ratio for SBS is 17.50 vs. an industry ratio of 78.30.
Dynagas LNG Partners LP ( DLNG ) is reporting for the quarter ending March 31, 2015. The transportation services company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.40. This value represents a 8.11% increase compared to the same quarter last year. In the past year DLNG has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2015 Price to Earnings ratio for DLNG is 10.85 vs. an industry ratio of 3.40, implying that they will have a higher earnings growth than their competitors in the same industry.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Dillard's, Inc. ( DDS ) is reporting for the quarter ending April 30, 2015. Zacks Investment Research reports that the 2016 Price to Earnings ratio for DDS is 14.63 vs. an industry ratio of 15.30. The capital goods company's consensus earnings per share forecast from the 11 analysts that follow the stock is $0.28.
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Dillard's, Inc. ( DDS ) is reporting for the quarter ending April 30, 2015. Zacks Investment Research reports that the 2016 Price to Earnings ratio for DDS is 14.63 vs. an industry ratio of 15.30. Zacks Investment Research reports that the 2015 Price to Earnings ratio for AMAT is 16.07 vs. an industry ratio of 12.30, implying that they will have a higher earnings growth than their competitors in the same industry.
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Dillard's, Inc. ( DDS ) is reporting for the quarter ending April 30, 2015. Zacks Investment Research reports that the 2016 Price to Earnings ratio for DDS is 14.63 vs. an industry ratio of 15.30. Zacks Investment Research reports that the 2015 Price to Earnings ratio for SYMC is 15.07 vs. an industry ratio of -6.40, implying that they will have a higher earnings growth than their competitors in the same industry.
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Dillard's, Inc. ( DDS ) is reporting for the quarter ending April 30, 2015. Zacks Investment Research reports that the 2016 Price to Earnings ratio for DDS is 14.63 vs. an industry ratio of 15.30. In the past year SYMC has beat the expectations every quarter.
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44d8d7b1-edfd-4860-a502-ca127533bf74
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719975.0
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2015-04-22 00:00:00 UTC
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Goodbye to the Messed-Up Expectations Portfolio
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DDS
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https://www.nasdaq.com/articles/goodbye-messed-expectations-portfolio-2015-04-22
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nan
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nan
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It's with a heavy heart that I pen these words. (OK, type them.)
My responsibilities and demands upon my time at The Motley Fool (I now work on Stock Advisor and Options , and I lead the Phoenix 1 portfolio for Supernova ) have grown to the point where I can no longer give the attention to the Messed-Up Expectations portfolio that it deserves. Therefore, I've decided to shut it down.
But before I go, I'd like to share some of what I've learned and then leave you with some final numbers showing how the portfolio has done.
Lessons learned
I named the portfolio the Messed-Up Expectations portfolio based on thinking published by Michael Mauboussin in Expectations Investing . In that book, he took the traditional discounted cash flow model -- used to determine a company's intrinsic value given certain growth assumptions -- and turned it on its head, asking what growth assumptions justify the current share price. If those assumptions seem too low, then buy shares and let the company prove to the market that it was underpriced; if those assumptions are too high, sell shares (or don't buy them) and wait for reality to set in with a lower share price.
I found out, however, that this isn't enough by itself, at least not for me, when basing a portfolio on that idea. I also found it necessary to identify some catalyst that would lead the market to realize that it had made a mistake when it priced in a given level of growth.
The second thing I've learned is that buying a strong company when the market doesn't like it can be a fantastic strategy. This, of course, is the epitome of a messed-up expectation. Probably obvious, but a lot of people don't do that.
For instance, when I purchased hard-disk drive maker Western Digital , analysts weren't too enthused with the company given the supply glut of HDDs in the market. During anearnings conference callat the time, one analyst said, "I think it is admirable to try to change the dynamics of the industry, but I am curious what you guys think you can do." The share price was in the low $30 range in early 2011, down from the $40 range a year earlier. My purchases in January and September 2011 have all tripled since then.
This was also demonstrated by my purchase of department store chain Dillard's in December 2011 when the market thought the U.S. would slip into a second recession (after having just come out of the Great Recession) and consumers wouldn't shop again. Well, the U.S. didn't, and consumers did. That purchase has tripled, while the one I made the following June has doubled.
Of course, sometimes the market dislikes a company for a solid reason, too, leading to results that aren't doubles or triples, to say the least. For instance, I bought Bridgepoint Education when the for-profit education industry was under threat of stronger government regulation , only to have graduation rates, accreditation issues, and high student loan balances keep both the industry and the company in the doldrums over the years. My three purchases of this company (two in 2011, one in 2014) are down anywhere from 35% to 57%.
My two brushes with bankruptcy have also produced mixed results. While I successfully avoided riding drug maker Dendreon all the way into the ground (losing only 68% instead of 100%), my abandonment of grocery store SUPERVALU -- which I thought was on its way out (I was down an average of 60% for my three purchases) -- was trumped when it got some last-minute financing and staved off the vultures. The company's shares are now up an average of 74% from the time I bought, as it has managed a massive turnaround.
Ending numbers
Overall, however, I'm pretty pleased with the portfolio's performance. Here are some final results (all data as of market close on April 20, 2015).
Of the 95 total purchases made in four-and-a-half years, 59 (62%) are in the green and 44 (46%) are ahead of the S&P 500 , tracked from the day of each purchase.
All purchases in total average a 59% return each, with a 14.7-percentage-point average outperformance against the S&P 500.
Of the 20 active company positions I'm ending with, 15 are in the green (an average of 82.3%) and five are in the red (an average of 20.3%).
I voluntarily sold six positions. I've mentioned Dendreon as a good call. Western Refining and Dean Foods are up 6.1% and 0.3%, respectively, since I sold them, so we'll call those good moves as well. And I'll count NamTai Electronics in this list as it has completely left the chip business since I sold. Oshkosh and SUPERVALU have moved up strongly since I sold.
I've had two companies purchased out from under me: Ceradyne and PowerOne. Both of these were purchased by others, but I ended up with gains on each.
My biggest winner is Netflix , at a 391.5% total return for the position (including my last purchase at $481 a share).
I've already named the other two multibaggers, Western Digital (128.7% total) and Dillard's (174.6% total). The remaining winners range from Core Laboratories at 7.6% to Apple at 88.2%.
The losers range from Mobileye at -2% to Bridgepoint at -45.8%.
Going year by year and measuring time-weighted rate of return, my worst year was 2011 (-16.3% vs. 2.1% for the S&P 500), followed by 2014 (-0.7% vs. 13.7%).
My best years were 2013 (60.2% vs. 32.4%) and 2012 (22.7% vs. 16%), and so far this year, the portfolio is up 13% vs. 2.6% for the broad market.
Finally, the portfolio's TWRR is 89.6% (15.4% compounded annually) since inception, just 4 percentage points behind the S&P 500.
That first year's result of 18 points behind the market put the portfolio into a hole at the start, but I'm proud that I've managed to pretty much erase that (and at one point was over 9 percentage points ahead of the S&P 500).
My final "final thoughts"
I'd just like to say "thank you" to The Motley Fool for entrusting some of the company's money to my care, and I'm pleased to say I'm returning more than I was given. (It's nervous-making to manage some of your employer's money!)
I'd also like to say "thank you" to those of you who have followed this portfolio and who contributed to the many great discussions on the MUE discussion board over the years. I hope you've enjoyed following along and learning with me. I know I've enjoyed having you along for the ride.
And with that, I'll bid you auf wiedersehen .
This $19 trillion industry could destroy the Internet
One bleeding-edge technology is about to put the World Wide Web to bed. And if you act quickly, you could be among the savvy investors who enjoy the profits from this stunning change. Experts are calling it the single largest business opportunity in the history of capitalism... The Economist is calling it "transformative"... But you'll probably just call it "how I made my millions." Don't be too late to the party -- click here for one stock to own when the Web goes da
The article Goodbye to the Messed-Up Expectations Portfolio originally appeared on Fool.com.
Jim Mueller owns shares of Core Laboratories, Mobileye, Netflix, and Western Digital. Jim Mueller has the following options: short June 2015 $405 calls on Netflix and short June 2015 $170 puts on Core Laboratories. The Motley Fool recommends Apple, Core Laboratories, and Netflix. The Motley Fool owns shares of Apple, Bridgepoint Education, Core Laboratories, Dillard's, Mobileye, Netflix, and Western Digital. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy .
Copyright © 1995 - 2015 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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For instance, when I purchased hard-disk drive maker Western Digital , analysts weren't too enthused with the company given the supply glut of HDDs in the market. While I successfully avoided riding drug maker Dendreon all the way into the ground (losing only 68% instead of 100%), my abandonment of grocery store SUPERVALU -- which I thought was on its way out (I was down an average of 60% for my three purchases) -- was trumped when it got some last-minute financing and staved off the vultures. Don't be too late to the party -- click here for one stock to own when the Web goes da The article Goodbye to the Messed-Up Expectations Portfolio originally appeared on Fool.com.
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For instance, when I purchased hard-disk drive maker Western Digital , analysts weren't too enthused with the company given the supply glut of HDDs in the market. Jim Mueller owns shares of Core Laboratories, Mobileye, Netflix, and Western Digital. Jim Mueller has the following options: short June 2015 $405 calls on Netflix and short June 2015 $170 puts on Core Laboratories.
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For instance, when I purchased hard-disk drive maker Western Digital , analysts weren't too enthused with the company given the supply glut of HDDs in the market. My responsibilities and demands upon my time at The Motley Fool (I now work on Stock Advisor and Options , and I lead the Phoenix 1 portfolio for Supernova ) have grown to the point where I can no longer give the attention to the Messed-Up Expectations portfolio that it deserves. If those assumptions seem too low, then buy shares and let the company prove to the market that it was underpriced; if those assumptions are too high, sell shares (or don't buy them) and wait for reality to set in with a lower share price.
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For instance, when I purchased hard-disk drive maker Western Digital , analysts weren't too enthused with the company given the supply glut of HDDs in the market. My three purchases of this company (two in 2011, one in 2014) are down anywhere from 35% to 57%. Of the 95 total purchases made in four-and-a-half years, 59 (62%) are in the green and 44 (46%) are ahead of the S&P 500 , tracked from the day of each purchase.
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17171472-b40a-4800-be42-b8c1dbcc0232
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719976.0
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2015-04-14 00:00:00 UTC
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How America's Favorite Retailer Is Crushing the Competition
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DDS
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https://www.nasdaq.com/articles/how-americas-favorite-retailer-crushing-competition-2015-04-14
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nan
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nan
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According to a national consumer study by Market Force Information, Nordstrom is America's favorite fashion retailer by a considerable margin. This is the third consecutive year in which Nordstrom ranks at the top of Market Force Information's ranking, and the results are consistent with data from other sources. Looking at the American Customer Satisfaction Survey, Nordstrom has been ranked as the industry leader for customer satisfaction in each and every year since 1995.
Fashion retail is a notoriously dynamic and aggressively competitive industry, so Nordstrom's ability to consistently outperform the competition in customer satisfaction speaks wonders about the company's competitive strengths and management quality. Nordstrom is clearly doing something right -- actually it's several different things -- to beat the competition.
4 key areas of success
According to Market Force, fashion retailers need to execute well in four key areas to generate superior customer satisfaction. Those are: merchandising, environmental consciousness, "just for me" -- meaning style, ability to customize merchandise, access to exclusive merchandise, etc. -- and store operations.
Nordstrom beats the competition by a wide margin when it comes to merchandising, which is obviously a crucial decision factor for customers. Nordstrom has a satisfaction score of 48% in this area, substantially above second-place Dillard's satisfaction score of 39%. Macy's is arguably Nordstrom's closest competitor in this group, but it comes in the fourth position with a score of 37%.
Nordstrom also crushes other fashion retailers in the "just for me" area. It achieved a score of 29%, versus 19% for H&M and 16% for Macy's. Clients don´t only demand high-quality merchandise anymore -- products need to be different and unique, and Nordstrom is smartly benefiting from that trend.
Nordstrom comes in second place behind H&M in environmental consciousness, so the company is still doing quite well on that front. There seems to be some room for improvement in store operations, though. This could be related to variables such as speed of checkout. Nordstrom is renowned for the politeness of its employees, its personalized service, and comfortable atmosphere. It's hard to be both attentive and quick at the same time, so maybe Nordstrom's strength in service quality means a weakness in speed to some degree.
One big difference when it comes to Nordstrom versus the competition is its strong performance across the four areas. The company crushes other industry players in merchandising and "just for me" and it comes in second place in environmental consciousness. Nordstrom's fourth place finish in store operations was the company's weak spot in the survey, but Nordstrom still ranks among the best players in the industry.
On the other hand, Macy's doesn't even crack the top 7 in store operations. TJX 's T.J. Maxx comes at the top of the list in store operations, and it also has a strong position in merchandising and "just for me." However, T.J. Maxx doesn't have as good a reputation for environmental consciousness.
Nordstrom and the e-commerce revolution
In case you haven't heard, Internet and related technologies are having a major disruptive impact across different industries, and fashion retail is no exception to the rule by any means. On the contrary, consumers are increasingly turning online for both searching and buying their favorite items, and the trend will probably continue getting stronger over time.
Market Force looked at e-commerce trends among fashion retailers and Nordstrom, once again, comes at the top of the list. Importantly, the company is the top performing player in all three major areas: use of e-commerce site, satisfaction with the e-commerce experience, and e-commerce purchase decisions.
Looking at the company's financial reports, Nordstrom is clearly harvesting big benefits from its leadership in e-commerce. Sales at Nordstrom.com grew 23% year over year to almost $2 billion during the year ended on Jan. 31, 2015. Nearly 21% of Nordstrom brand sales came from the online channel during the year.
Management is actively investing for growth in this segment. Nordstrom plans to invest $1.5 billion in technology and fulfillment over the coming five years, accounting for a considerable 35% of its capital investment plans for that period. It takes money to generate money, and Nordstrom seems to be making a smart decision by investing for growth in e-commerce.
Nordstrom's secret sauce is not so secret after all; trends such as product differentiation and e-commerce are widely recognized as major strategies driving growth in the fashion retail industry. However, execution is key, and Nordstrom knows how to deliver in these crucial areas.
This $19 trillion industry could destroy the Internet
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The article How America's Favorite Retailer Is Crushing the Competition originally appeared on Fool.com.
Andrés Cardenal has no position in any stocks mentioned. The Motley Fool recommends Nordstrom. The Motley Fool owns shares of Dillard's,. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy .
Copyright © 1995 - 2015 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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According to a national consumer study by Market Force Information, Nordstrom is America's favorite fashion retailer by a considerable margin. Nordstrom and the e-commerce revolution In case you haven't heard, Internet and related technologies are having a major disruptive impact across different industries, and fashion retail is no exception to the rule by any means. On the contrary, consumers are increasingly turning online for both searching and buying their favorite items, and the trend will probably continue getting stronger over time.
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According to a national consumer study by Market Force Information, Nordstrom is America's favorite fashion retailer by a considerable margin. 4 key areas of success According to Market Force, fashion retailers need to execute well in four key areas to generate superior customer satisfaction. Nordstrom's fourth place finish in store operations was the company's weak spot in the survey, but Nordstrom still ranks among the best players in the industry.
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Fashion retail is a notoriously dynamic and aggressively competitive industry, so Nordstrom's ability to consistently outperform the competition in customer satisfaction speaks wonders about the company's competitive strengths and management quality. Nordstrom's fourth place finish in store operations was the company's weak spot in the survey, but Nordstrom still ranks among the best players in the industry. Nordstrom and the e-commerce revolution In case you haven't heard, Internet and related technologies are having a major disruptive impact across different industries, and fashion retail is no exception to the rule by any means.
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Nordstrom also crushes other fashion retailers in the "just for me" area. Nordstrom's fourth place finish in store operations was the company's weak spot in the survey, but Nordstrom still ranks among the best players in the industry. TJX 's T.J. Maxx comes at the top of the list in store operations, and it also has a strong position in merchandising and "just for me."
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7d65bd99-66ff-45ee-8bdc-e9412b6eed2a
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719977.0
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2015-03-24 00:00:00 UTC
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Dillard's (DDS) Maintains Momentum: Hits 52-Week High - Analyst Blog
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DDS
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https://www.nasdaq.com/articles/dillards-dds-maintains-momentum%3A-hits-52-week-high-analyst-blog-2015-03-24
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Dillard's Inc.DDS appears to be on a roll with its consistent efforts to capitalize on growth opportunities, improve eCommerce business and undertake shareholder-friendly moves on a regular basis. These factors helped the company to hit a 52-week high of $138.40 yesterday. However, the stock eventually closed at $136.84, surging 50.8% year over year.
We believe that Dillard's strategy of offering fashion-forward and trendy products helps it to attract more customers, while retaining existing ones. We expect Dillard's focus on increasing productivity at existing stores, developing a leading omni-channel platform and enhancing its domestic operations to support its top and bottom lines.
Also, the company boasts a strong balance sheet, which along with its healthy cash flow provides it with the flexibility to undertake shareholder-friendly moves and make store and eCommerce expansions.
The company's commitment to return value to shareholders is evident from the fact that Dillard's repurchased 2.8 million shares for nearly $290.4 million during fiscal 2014. With this, Dillard's completed its planned repurchases under the Mar 2013 and Nov 2013 authorizations. Alongside, the company's regular dividend payments further underscore its stable cash position.
This Zacks Rank #3 (Hold) company recently posted its fourth-quarter fiscal 2014 results wherein adjusted earnings grew 16.2% year over year to $3.15 per share, though the figure missed the Zacks Consensus Estimate of $3.20. However, total revenue advanced 4.9% year over year to $2,179.6 million, surpassing the Zacks Consensus Estimate of $2,113 million.
We remain optimistic about Dillard's as all the aforementioned factors speak positively about the company, highlight its growth prospects and instill confidence among investors. Moreover, the company is currently trading at a forward P/E of 15.8x, a 2.6% discount to the peer group average of 16.23x, leaving room for upside potential.
Apart from Dillard's, Nordstrom Inc. JWN , Leggett & Platt, Incorporated LEG and Dick's Sporting Goods Inc. DKS , also hit 52-week highs of $83.16, $46.95 and $58.98, respectively, on Mar 23, 2015.
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LEGGETT & PLATT (LEG): Free Stock Analysis Report
DILLARDS INC-A (DDS): Free Stock Analysis Report
NORDSTROM INC (JWN): Free Stock Analysis Report
DICKS SPRTG GDS (DKS): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Dillard's Inc.DDS appears to be on a roll with its consistent efforts to capitalize on growth opportunities, improve eCommerce business and undertake shareholder-friendly moves on a regular basis. Click to get this free report LEGGETT & PLATT (LEG): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report NORDSTROM INC (JWN): Free Stock Analysis Report DICKS SPRTG GDS (DKS): Free Stock Analysis Report To read this article on Zacks.com click here. We expect Dillard's focus on increasing productivity at existing stores, developing a leading omni-channel platform and enhancing its domestic operations to support its top and bottom lines.
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Click to get this free report LEGGETT & PLATT (LEG): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report NORDSTROM INC (JWN): Free Stock Analysis Report DICKS SPRTG GDS (DKS): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's Inc.DDS appears to be on a roll with its consistent efforts to capitalize on growth opportunities, improve eCommerce business and undertake shareholder-friendly moves on a regular basis. Apart from Dillard's, Nordstrom Inc. JWN , Leggett & Platt, Incorporated LEG and Dick's Sporting Goods Inc. DKS , also hit 52-week highs of $83.16, $46.95 and $58.98, respectively, on Mar 23, 2015.
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Click to get this free report LEGGETT & PLATT (LEG): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report NORDSTROM INC (JWN): Free Stock Analysis Report DICKS SPRTG GDS (DKS): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's Inc.DDS appears to be on a roll with its consistent efforts to capitalize on growth opportunities, improve eCommerce business and undertake shareholder-friendly moves on a regular basis. This Zacks Rank #3 (Hold) company recently posted its fourth-quarter fiscal 2014 results wherein adjusted earnings grew 16.2% year over year to $3.15 per share, though the figure missed the Zacks Consensus Estimate of $3.20.
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Dillard's Inc.DDS appears to be on a roll with its consistent efforts to capitalize on growth opportunities, improve eCommerce business and undertake shareholder-friendly moves on a regular basis. Click to get this free report LEGGETT & PLATT (LEG): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report NORDSTROM INC (JWN): Free Stock Analysis Report DICKS SPRTG GDS (DKS): Free Stock Analysis Report To read this article on Zacks.com click here. These factors helped the company to hit a 52-week high of $138.40 yesterday.
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61383184-3eca-4c84-9f5d-fd308d436cb6
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719978.0
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2015-02-24 00:00:00 UTC
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Dillard's (DDS) Q4 Earnings Miss Estimates, Revenues Surge - Analyst Blog
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DDS
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https://www.nasdaq.com/articles/dillards-dds-q4-earnings-miss-estimates-revenues-surge-analyst-blog-2015-02-24
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Leading fashion apparel, cosmetics and home furnishings retailer, Dillard's Inc. ( DDS ) reported lower-than-anticipated fourth-quarter fiscal 2014 results, wherein adjusted earnings of $3.15 per share fell short of the Zacks Consensus Estimate of $3.20. However, adjusted earnings marked a year-over-year improvement of nearly 16.2%.
Dillard's Inc. - Earnings Surprise | FindTheBest
Though earnings in the quarter fell short of estimates, the company's shares gained nearly 1.4% in the after-hours trading session yesterday.
Dillard's net sales (including CDI Contractors LLC or CDI) jumped nearly 5% year over year to $2,135.5 million in the quarter. Merchandise sales, excluding CDI, grew 2.7% to $2,068 million from $2,013 million reported in the year-ago quarter.
The improvement in merchandise sales came on the back positive response from customers to the company's improved mix and service during the holiday season, which also helped boost retail gross margins.
The company's total revenue (including service charges and other income) of $2,179.6 million reflected an increase of 4.9% from the year-ago quarter revenue of $2,078.7 million and also surpassed the Zacks Consensus Estimate of $2,113 million.
Merchandise comparable-store sales (comps) for the thirteen-week period ended Jan 31, 2015 increased 3% from the thirteen-week period ended Feb 1, 2014.
During the quarter, the outperforming categories were ladies' apparel and shoes. This was followed by strong performance at the juniors' and children's apparel. However, the home and furniture category recorded the lowest sales in the quarter. The best performing region was Central, followed by the Eastern and Western regions, respectively.
In the quarter, consolidated gross margin improved 30 basis points (bps) to 34.3% while gross margin from retail operations (excluding CDI) expanded 103 bps. The year-over-year improvement in retail gross margin was primarily due to lower markdowns.
Dillard's selling, general and administrative (SG&A) expenses for the quarter increased nearly 4.2% to $457.5 million, while as a percentage of sales it contracted 20 bps to 21.4%. On the other hand, operating expenses from retail operations, as a percentage of sales, expanded 40 bps to 22.1%, primarily due to higher selling payroll, insurance and supplies expense, offset by lower advertising cost.
Fiscal 2014 Synopsis
For fiscal 2014, the company's adjusted earnings came in at $7.70 per share, which increased 10.2% from fiscal 2013 but fell short of the Zacks Consensus Estimate $7.72. Total Revenue for the year rose about 1.3% to $6,780.2 million. The company's top line also surpassed the Zacks Consensus Estimate of $6,713 million.
Other Financial Details
Dillard's ended the year with cash and cash equivalents of $403.8 million compared with $237.1 million at the end of fiscal 2013. As of Jan 31, 2015, the company's long-term debt and capital leases was $620.7 million compared with $621.5 million as of Feb 1, 2014.
In fiscal 2014, the company generated net cash flow from operations of $611.6 million compared with $501.7 million in the prior-year period.
Furthermore, during fiscal 2014, the company completed its planned share repurchases under the Mar 2013 and Nov 2013 authorizations, buying back about 2.8 million shares for about $290.4 million. As on Jan 1, 2015, the company had $500 million worth of authorization remaining under its share repurchase program that was announced in Nov 2014.
Store Update
During the fourth quarter, the company shut down its store at Southgate Mall in Sarasota, FL. Dillard's did not open any new store in the quarter. In fiscal 2014, the company opened two namesake stores and closed one store. The newly opened stores are located at The Shops at Summerlin in Las Vegas, NV and The Mall at University Town Center in Sarasota, FL.
As of Jan 31, 2015, Dillard's had about 277 namesake outlets and 20 clearance centers operating in 29 states and an online store at www.dillards.com. Dillard's total square footage as of Jan 31, 2015 was 50.5 million.
Fiscal 2015 Outlook
For fiscal 2015, the company projects rentals of approximately $25 million compared with $27 million reported in fiscal 2014. Net interest and debt expenses for the year are expected to be nearly $61 million, flat with fiscal 2014.
Moreover, the company still expects capital expenditure for fiscal 2015 to be about $160 million compared with $152 million in fiscal 2014. Depreciation and amortization expenses for fiscal 2015 are expected to be $250 million compared with $251 million incurred in fiscal 2014.
Other Stocks to Consider
Currently, Dillard's holds a Zacks Rank #3 (Hold). Better-ranked stocks in the same industry include Kohl's Corp. ( KSS ) and J. C. Penney Company Inc. ( JCP ), both carrying a Zacks Rank #2 (Buy). Another stock worth considering in the broader retail space is Citi Trends Inc. ( CTRN ) with a Zacks Rank #1 (Strong Buy).
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DILLARDS INC-A (DDS): Free Stock Analysis Report
PENNEY (JC) INC (JCP): Free Stock Analysis Report
KOHLS CORP (KSS): Free Stock Analysis Report
CITI TRENDS INC (CTRN): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Leading fashion apparel, cosmetics and home furnishings retailer, Dillard's Inc. ( DDS ) reported lower-than-anticipated fourth-quarter fiscal 2014 results, wherein adjusted earnings of $3.15 per share fell short of the Zacks Consensus Estimate of $3.20. Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report KOHLS CORP (KSS): Free Stock Analysis Report CITI TRENDS INC (CTRN): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's selling, general and administrative (SG&A) expenses for the quarter increased nearly 4.2% to $457.5 million, while as a percentage of sales it contracted 20 bps to 21.4%.
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Leading fashion apparel, cosmetics and home furnishings retailer, Dillard's Inc. ( DDS ) reported lower-than-anticipated fourth-quarter fiscal 2014 results, wherein adjusted earnings of $3.15 per share fell short of the Zacks Consensus Estimate of $3.20. Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report KOHLS CORP (KSS): Free Stock Analysis Report CITI TRENDS INC (CTRN): Free Stock Analysis Report To read this article on Zacks.com click here. In the quarter, consolidated gross margin improved 30 basis points (bps) to 34.3% while gross margin from retail operations (excluding CDI) expanded 103 bps.
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Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report KOHLS CORP (KSS): Free Stock Analysis Report CITI TRENDS INC (CTRN): Free Stock Analysis Report To read this article on Zacks.com click here. Leading fashion apparel, cosmetics and home furnishings retailer, Dillard's Inc. ( DDS ) reported lower-than-anticipated fourth-quarter fiscal 2014 results, wherein adjusted earnings of $3.15 per share fell short of the Zacks Consensus Estimate of $3.20. The company's total revenue (including service charges and other income) of $2,179.6 million reflected an increase of 4.9% from the year-ago quarter revenue of $2,078.7 million and also surpassed the Zacks Consensus Estimate of $2,113 million.
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Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report KOHLS CORP (KSS): Free Stock Analysis Report CITI TRENDS INC (CTRN): Free Stock Analysis Report To read this article on Zacks.com click here. Leading fashion apparel, cosmetics and home furnishings retailer, Dillard's Inc. ( DDS ) reported lower-than-anticipated fourth-quarter fiscal 2014 results, wherein adjusted earnings of $3.15 per share fell short of the Zacks Consensus Estimate of $3.20. Fiscal 2014 Synopsis For fiscal 2014, the company's adjusted earnings came in at $7.70 per share, which increased 10.2% from fiscal 2013 but fell short of the Zacks Consensus Estimate $7.72.
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719979.0
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2015-02-23 00:00:00 UTC
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April 17th Options Now Available For Dillard's (DDS)
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DDS
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https://www.nasdaq.com/articles/april-17th-options-now-available-dillards-dds-2015-02-23
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Investors in Dillard's Inc. (Symbol: DDS) saw new options become available today, for the April 17th expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the DDS options chain for the new April 17th contracts and identified one put and one call contract of particular interest.
The put contract at the $120.0 strike price has a current bid of $4.00. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $120.0, but will also collect the premium, putting the cost basis of the shares at $116.00 (before broker commissions). To an investor already interested in purchasing shares of DDS, that could represent an attractive alternative to paying $122.89/share today.
Because the $120.0 strike represents an approximate 2% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 60%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract . Should the contract expire worthless, the premium would represent a 3.33% return on the cash commitment, or 22.97% annualized - at Stock Options Channel we call this the YieldBoost .
Below is a chart showing the trailing twelve month trading history for Dillard's Inc., and highlighting in green where the $120.0 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $125.0 strike price has a current bid of $4.40. If an investor was to purchase shares of DDS stock at the current price level of $122.89/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $125.0. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 5.30% if the stock gets called away at the April 17th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if DDS shares really soar, which is why looking at the trailing twelve month trading history for Dillard's Inc., as well as studying the business fundamentals becomes important. Below is a chart showing DDS's trailing twelve month trading history, with the $125.0 strike highlighted in red:
Considering the fact that the $125.0 strike represents an approximate 2% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 53%. On our website under the contract detail page for this contract , Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 3.58% boost of extra return to the investor, or 24.68% annualized, which we refer to as the YieldBoost .
The implied volatility in the put contract example is 31%, while the implied volatility in the call contract example is 32%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 251 trading day closing values as well as today's price of $122.89) to be 31%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com.
Top YieldBoost Calls of the S&P 500 »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Of course, a lot of upside could potentially be left on the table if DDS shares really soar, which is why looking at the trailing twelve month trading history for Dillard's Inc., as well as studying the business fundamentals becomes important. Below is a chart showing DDS's trailing twelve month trading history, with the $125.0 strike highlighted in red: Considering the fact that the $125.0 strike represents an approximate 2% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Dillard's Inc. (Symbol: DDS) saw new options become available today, for the April 17th expiration.
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The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 60%. Below is a chart showing DDS's trailing twelve month trading history, with the $125.0 strike highlighted in red: Considering the fact that the $125.0 strike represents an approximate 2% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 53%.
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Below is a chart showing DDS's trailing twelve month trading history, with the $125.0 strike highlighted in red: Considering the fact that the $125.0 strike represents an approximate 2% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. On our website under the contract detail page for this contract , Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Investors in Dillard's Inc. (Symbol: DDS) saw new options become available today, for the April 17th expiration.
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At Stock Options Channel , our YieldBoost formula has looked up and down the DDS options chain for the new April 17th contracts and identified one put and one call contract of particular interest. Below is a chart showing DDS's trailing twelve month trading history, with the $125.0 strike highlighted in red: Considering the fact that the $125.0 strike represents an approximate 2% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Dillard's Inc. (Symbol: DDS) saw new options become available today, for the April 17th expiration.
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719980.0
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2015-02-20 00:00:00 UTC
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Will Dillard's (DDS) Q4 Earnings Disappoint Investors? - Analyst Blog
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DDS
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https://www.nasdaq.com/articles/will-dillards-dds-q4-earnings-disappoint-investors-analyst-blog-2015-02-20
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Dillard's Inc. ( DDS ), one of the leading fashion apparel and home furnishing retailers, is expected to report fourth-quarter fiscal 2014 results on Feb 23. In the last quarter, the company's adjusted earnings of $1.21 per share missed the Zacks Consensus Estimate of $1.27. However, on including the impact of a net after-tax credit associated with the sale of a store, earnings came in at $1.30 per share. Let's see how things are shaping up for this announcement.
Factors Influencing this Quarter
Dillard's remains focused on increasing productivity in existing stores, developing a leading omnichannel platform and enhancing domestic operations, to cushion its waning top and bottom lines. The company's performance in fiscal 2014 has not been very impressive so far, as it underperformed the Zacks Consensus Estimate by an average of 2.9% in the first three quarters. Further, the company remains susceptible to macroeconomic challenges and tough competition from other merchandise retailers, compelling us to be cautious of the upcoming results.
Earnings Whispers
Our proven model does not conclusively show that Dillard's is likely to beat earnings this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1, 2 or 3 for this to happen. This is not the case here, as you will see below:
Zacks ESP: Earnings ESP, which represents the difference between the Most Accurate estimate and the Zacks Consensus Estimate, is currently pegged at 0.00%. This is because the Most Accurate estimate and the Zacks Consensus Estimate both stand at $3.20.
Zacks Rank: Dillard's carries a Zacks Rank #3 (Hold). Though a Zacks Rank #3 increases the predictive power of ESP, the company's ESP of 0.00% makes surprise prediction difficult.
We caution against stocks with a Zacks Rank #4 and 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions.
Stocks that Warrant a Look
Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat this quarter:
The Kroger Co. ( KR ) has an Earnings ESP of +4.49% and a Zacks Rank #2 (Buy).
Lowe's Companies Inc. ( LOW ) has an Earnings ESP of +2.27% and a Zacks Rank #2.
Macy's, Inc. ( M ) has an Earnings ESP of +0.83% and a Zacks Rank #3.
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KROGER CO (KR): Free Stock Analysis Report
MACYS INC (M): Free Stock Analysis Report
DILLARDS INC-A (DDS): Free Stock Analysis Report
LOWES COS (LOW): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Dillard's Inc. ( DDS ), one of the leading fashion apparel and home furnishing retailers, is expected to report fourth-quarter fiscal 2014 results on Feb 23. Click to get this free report KROGER CO (KR): Free Stock Analysis Report MACYS INC (M): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report LOWES COS (LOW): Free Stock Analysis Report To read this article on Zacks.com click here. Factors Influencing this Quarter Dillard's remains focused on increasing productivity in existing stores, developing a leading omnichannel platform and enhancing domestic operations, to cushion its waning top and bottom lines.
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Click to get this free report KROGER CO (KR): Free Stock Analysis Report MACYS INC (M): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report LOWES COS (LOW): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's Inc. ( DDS ), one of the leading fashion apparel and home furnishing retailers, is expected to report fourth-quarter fiscal 2014 results on Feb 23. Stocks that Warrant a Look Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat this quarter: The Kroger Co. ( KR ) has an Earnings ESP of +4.49% and a Zacks Rank #2 (Buy).
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Click to get this free report KROGER CO (KR): Free Stock Analysis Report MACYS INC (M): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report LOWES COS (LOW): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's Inc. ( DDS ), one of the leading fashion apparel and home furnishing retailers, is expected to report fourth-quarter fiscal 2014 results on Feb 23. This is not the case here, as you will see below: Zacks ESP: Earnings ESP, which represents the difference between the Most Accurate estimate and the Zacks Consensus Estimate, is currently pegged at 0.00%.
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Dillard's Inc. ( DDS ), one of the leading fashion apparel and home furnishing retailers, is expected to report fourth-quarter fiscal 2014 results on Feb 23. Click to get this free report KROGER CO (KR): Free Stock Analysis Report MACYS INC (M): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report LOWES COS (LOW): Free Stock Analysis Report To read this article on Zacks.com click here. In the last quarter, the company's adjusted earnings of $1.21 per share missed the Zacks Consensus Estimate of $1.27.
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2015-02-08 00:00:00 UTC
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You'll Never Believe Which Department Store Dominated Facebook During The Holidays (Hint: It Wasn't
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https://www.nasdaq.com/articles/youll-never-believe-which-department-store-dominated-facebook-during-holidays-hint-it
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Turns out it was a very merry Christmas for the department store chain.
This week Macy's said its full-year 2014 profit would be better than it previously forecast because shoppers flocked to its stores in greater numbers than they had the year before.
That follows the upbeat noteJ.C. Penney gave last month in which it said comparable-store sales would likely come in at the high end of its prior guidance for a 2% to 4% increase. Even Kohl's boosted its earnings guidance based on stronger than expected holiday sales.
Yet despite all the good cheer and tidings, none of these retailers came out on top with consumers who engaged with department stores on Facebook through page likes, comments made, or shares of stories with friends.
Give it a thumbs-up
A recent Forrester study of nearly 5,000 U.S. consumers found Facebook has quickly become the go-to resource for discovering information, second only to Google and ahead of television advertising and shows.
Along with other social media sites, Facebook is playing an increasingly critical role in how consumers make purchasing decisions.
It attracts almost 1.4 billion users to the networking platform globally every month, 890 million of whom are considered active daily users (157 million are in the U.S. and Canada). Users on average spend 39 minutes a day on the site, or 38% of the time they spend on all social networks, and the digital marketing analysts at eMarketer say that is attracting advertising dollars.
All those ads must be working
Businesses allocate about 10% of their U.S. digital ad spending to Facebook, which is disproportionate to the amount of time people are on the site. People spend more time on Pandora , but advertisers are allocating just 1.4% of their digital ad dollars to the music-streaming site.
So making a connection with users and consumers on Facebook is becoming more important due to its multiplier effect. Once a friend or relative likes or shares a page, you're more likely to investigate it, too. Like the old shampoo commercial said, "And so on, and so on, and so on."
Which is why the Searchmetrics ranking for the most popular department store on the social networking site is so interesting.
The survey says...
Searchmetrics, an enterprise SEO and content marketing analysis firm, analyzed the social media activity surrounding nine U.S. department stores and three mass merchant shops during the holiday season. They crawled Facebook to see which one enjoyed the most likes, comments, and shares during the most wonderful time of the year for retail.
Macy's came in a surprising third place with over 2.3 million links per week during the holiday season, or the number of likes, comments, and shares it enjoyed. Kohl's came in second, registering more than 5.2 million links (J.C. Penney was a distant fifth, at about just 394,000 links).
So what was the most liked department store on Facebook over the holidays?
None other than Sears Holdings !
With over 12 million likes, comments, and shares per week, Sears rang up more than double the number of links of Kohl's, five times as many as Macy's, and over seven times the number collected by fourth place Nordstrom .
Considering the dwindling sales Sears has reported year after year after year, this is a bit of a head-scratcher.
Have it your way
Yet on closer inspection, maybe it's not so shocking. For all the many criticisms I've had over the direction Chairman and CEO Eddie Lampert has taken the old-line retailer, he has undeniably invested heavily in the digital arena.
The old-line department store has learned a few new-fangled ways to connect with customers.
Among his many investments is the Shop Your Way membership loyalty program that awards customers points depending on how much they spend, whether it's in-store, online, or via catalog. As a result, 72% of all eligible sales at Sears and Kmart stores are from Shop Your Way members.
Lampert has used the program as a stepping stone to transform his integrated retail strategy, and third-quarter online and multichannel sales grew approximately 9% from the previous year. Sears also experienced approximately 18% growth over the first nine months of 2014.
It will be interesting to see how the fourth-quarter results pan out, particularly in light of the brighter prospects offered by its rivals.
Still a minefield of risk
I wouldn't say Sears is anywhere near being out of the woods. Its business is still faltering, and growth of the Shop Your Way program, while accounting for more of its sales, is easing . The retailer's same-store sales are still declining (despite a rare positive note at Kmart last quarter) and Lampert has had to resort to financial gimmickry again to keep the business afloat.
Yet connecting on Facebook could finally signal a change of fortune for Sears Holdings, and though I wouldn't put my money into its stock just yet, a reversal of its sorry recent past would be something all investors would like, comment upon, and share with each other.
1 great stock to buy for 2015 and beyond
2015 is shaping up to be another great year for stocks. But if you want to make sure that 2015 is your best investing year ever, you need to know where to start. That's why The Motley Fool's chief investment officer just published a brand-new research report that reveals his top stock for the year ahead. To get the full story on this year's stock -- completely free -- simply click here .
The article You'll Never Believe Which Department Store Dominated Facebook During The Holidays (Hint: It Wasn't Macy's) originally appeared on Fool.com.
Rich Duprey owns shares of J.C. Penney Company,. The Motley Fool recommends Facebook, Google (C shares), and Nordstrom. The Motley Fool owns shares of Facebook and Google (C shares). Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy .
Copyright © 1995 - 2015 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Give it a thumbs-up A recent Forrester study of nearly 5,000 U.S. consumers found Facebook has quickly become the go-to resource for discovering information, second only to Google and ahead of television advertising and shows. The survey says... Searchmetrics, an enterprise SEO and content marketing analysis firm, analyzed the social media activity surrounding nine U.S. department stores and three mass merchant shops during the holiday season. Yet connecting on Facebook could finally signal a change of fortune for Sears Holdings, and though I wouldn't put my money into its stock just yet, a reversal of its sorry recent past would be something all investors would like, comment upon, and share with each other.
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Yet despite all the good cheer and tidings, none of these retailers came out on top with consumers who engaged with department stores on Facebook through page likes, comments made, or shares of stories with friends. Macy's came in a surprising third place with over 2.3 million links per week during the holiday season, or the number of likes, comments, and shares it enjoyed. With over 12 million likes, comments, and shares per week, Sears rang up more than double the number of links of Kohl's, five times as many as Macy's, and over seven times the number collected by fourth place Nordstrom .
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Yet despite all the good cheer and tidings, none of these retailers came out on top with consumers who engaged with department stores on Facebook through page likes, comments made, or shares of stories with friends. With over 12 million likes, comments, and shares per week, Sears rang up more than double the number of links of Kohl's, five times as many as Macy's, and over seven times the number collected by fourth place Nordstrom . The Motley Fool owns shares of Facebook and Google (C shares).
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Macy's came in a surprising third place with over 2.3 million links per week during the holiday season, or the number of likes, comments, and shares it enjoyed. So what was the most liked department store on Facebook over the holidays? The Motley Fool owns shares of Facebook and Google (C shares).
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262c4c34-416c-4607-8443-a1f8beb326c9
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719982.0
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2015-02-04 00:00:00 UTC
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Commit To Purchase Dillard's At $75, Earn 6.7% Using Options
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DDS
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https://www.nasdaq.com/articles/commit-purchase-dillards-75-earn-67-using-options-2015-02-04
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nan
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nan
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Investors eyeing a purchase of Dillard's Inc. (Symbol: DDS) stock, but tentative about paying the going market price of $117.12/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2017 put at the $75 strike, which has a bid at the time of this writing of $5.00. Collecting that bid as the premium represents a 6.7% return against the $75 commitment, or a 3.4% annualized rate of return (at Stock Options Channel we call this the YieldBoost ).
Selling a put does not give an investor access to DDS's upside potential the way owning shares would, because the put seller only ends up owning shares in the scenario where the contract is exercised. And the person on the other side of the contract would only benefit from exercising at the $75 strike if doing so produced a better outcome than selling at the going market price. ( Do options carry counterparty risk? This and six other common options myths debunked ). So unless Dillard's Inc. sees its shares fall 35.7% and the contract is exercised (resulting in a cost basis of $70.00 per share before broker commissions, subtracting the $5.00 from $75), the only upside to the put seller is from collecting that premium for the 3.4% annualized rate of return.
Interestingly, that annualized 3.4% figure actually exceeds the 0.2% annualized dividend paid by Dillard's Inc. by 3.2%, based on the current share price of $117.12. And yet, if an investor was to buy the stock at the going market price in order to collect the dividend, there is greater downside because the stock would have to lose 35.74% to reach the $75 strike price.
Always important when discussing dividends is the fact that, in general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of Dillard's Inc., looking at the dividend history chart for DDS below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 0.2% annualized dividend yield.
Below is a chart showing the trailing twelve month trading history for Dillard's Inc., and highlighting in green where the $75 strike is located relative to that history:
The chart above, and the stock's historical volatility, can be a helpful guide in combination with fundamental analysis to judge whether selling the January 2017 put at the $75 strike for the 3.4% annualized rate of return represents good reward for the risks. We calculate the trailing twelve month volatility for Dillard's Inc. (considering the last 252 trading day closing values as well as today's price of $117.12) to be 33%. For other put options contract ideas at the various different available expirations, visit the DDS Stock Options page of StockOptionsChannel.com.
Top YieldBoost Puts of the S&P 500 »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Investors eyeing a purchase of Dillard's Inc. (Symbol: DDS) stock, but tentative about paying the going market price of $117.12/share, might benefit from considering selling puts among the alternative strategies at their disposal. Selling a put does not give an investor access to DDS's upside potential the way owning shares would, because the put seller only ends up owning shares in the scenario where the contract is exercised. In the case of Dillard's Inc., looking at the dividend history chart for DDS below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 0.2% annualized dividend yield.
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Selling a put does not give an investor access to DDS's upside potential the way owning shares would, because the put seller only ends up owning shares in the scenario where the contract is exercised. Investors eyeing a purchase of Dillard's Inc. (Symbol: DDS) stock, but tentative about paying the going market price of $117.12/share, might benefit from considering selling puts among the alternative strategies at their disposal. In the case of Dillard's Inc., looking at the dividend history chart for DDS below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 0.2% annualized dividend yield.
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Selling a put does not give an investor access to DDS's upside potential the way owning shares would, because the put seller only ends up owning shares in the scenario where the contract is exercised. Investors eyeing a purchase of Dillard's Inc. (Symbol: DDS) stock, but tentative about paying the going market price of $117.12/share, might benefit from considering selling puts among the alternative strategies at their disposal. In the case of Dillard's Inc., looking at the dividend history chart for DDS below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 0.2% annualized dividend yield.
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In the case of Dillard's Inc., looking at the dividend history chart for DDS below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 0.2% annualized dividend yield. For other put options contract ideas at the various different available expirations, visit the DDS Stock Options page of StockOptionsChannel.com. Investors eyeing a purchase of Dillard's Inc. (Symbol: DDS) stock, but tentative about paying the going market price of $117.12/share, might benefit from considering selling puts among the alternative strategies at their disposal.
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8bdad050-c122-4383-9115-0ea7b345afde
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719983.0
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2015-02-04 00:00:00 UTC
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Macy's Raises FY14 Outlook, Agrees to Buy Bluemercury - Analyst Blog
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DDS
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https://www.nasdaq.com/articles/macys-raises-fy14-outlook-agrees-to-buy-bluemercury-analyst-blog-2015-02-04
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nan
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nan
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Macy's, Inc. ( M ) made a series of announcements yesterday. At the one end where it raised its full year earnings projection and provided comparable store sales (comps) data, on the other end it announced the reshuffling of management and buyout of Bluemercury.
Impressive holiday sales number, restructuring endeavors and other strategic initiatives make Macy's optimistic about its fourth-quarter fiscal 2014 performance. Consequently, management upgraded its earnings guidance for fiscal 2014 as it now envisions earnings to lie in the band of $4.35-$4.37 per share, up from its previous guidance of $4.25-$4.35 per share, excluding various one-time items.
Moreover, fourth-quarter comps growth of 2.5%, on an owned and licensed basis, was within the company's most recent guidance range of 2.5%???3%. This amounts to a 1.4% increase in full-year comps, on an owned and licensed basis. On an owned basis, comps came in at 2%, falling within the company's projection of 1.9%???2.4% and leading to an advancement of 0.7% in annual comps.
Moreover, with a view to expand its core signature Beauty business, Macy's penned an all-cash deal to acquire Bluemercury for $210 million that is anticipated to close by the end of the first quarter of fiscal 2015. This renowned American spa services and luxury beauty products retailer, operates nearly 60 specialty stores across 18 states offering premier beauty brands.
Being a standalone business within Macy's, Bluemercury will continue to be headed by its co-founders, Marla and Barry Beck. Its addition to Macy's will provide the latter with a new network to reach more customers and widen its product range.
Going forward, Macy's aims to extend the operations of Bluemercury while adding omnichannel mechanisms to the latter. This will help enrich customers' shopping experience across stores and the web. Also, the company eventually intends to introduce Bluemercury's boutiques and products to its stores, countrywide.
Further, Macy's announced various changes in management to better focus on boosting sales as well as its restructuring initiatives.
These changes include Macy's President, Jeff Gennette, to focus more on implementing strategies within the company's omnichannel business and supervise merchandise planning. Next, Macy's chief stores officer since 2 years, Peter Sachse, has been repositioned to the role of Macy's Chief for Innovation and Business Development.
Meanwhile, Jeff Kantor, prior chairman of macys'.com will now assume the role of Chief Stores Officer. Finally, the company announced Julie Greiner's retirement, effective Aug 2015. Greiner has served the company as Chief Merchandise Planning Officer for 5 years now.
Macy's has evolved as a powerful departmental retailer among various other players in the industry, including Dillard's Inc. ( DDS ), Bon-Ton Stores Inc. ( BONT ) and J. C. Penney Company, Inc. ( JCP ). The company, which has improved its total sales by over $5 billion in the past 5 years, rides on its solid fundamentals and talented management personnel.
Additionally, these latest changes in management are expected to take this Zacks Rank #3 (Hold) company forward on the path of achieving new highs.
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MACYS INC (M): Free Stock Analysis Report
DILLARDS INC-A (DDS): Free Stock Analysis Report
PENNEY (JC) INC (JCP): Free Stock Analysis Report
BON-TON STORES (BONT): Get Free Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Macy's has evolved as a powerful departmental retailer among various other players in the industry, including Dillard's Inc. ( DDS ), Bon-Ton Stores Inc. ( BONT ) and J. C. Penney Company, Inc. ( JCP ). Click to get this free report MACYS INC (M): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report BON-TON STORES (BONT): Get Free Report To read this article on Zacks.com click here. Impressive holiday sales number, restructuring endeavors and other strategic initiatives make Macy's optimistic about its fourth-quarter fiscal 2014 performance.
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Macy's has evolved as a powerful departmental retailer among various other players in the industry, including Dillard's Inc. ( DDS ), Bon-Ton Stores Inc. ( BONT ) and J. C. Penney Company, Inc. ( JCP ). Click to get this free report MACYS INC (M): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report BON-TON STORES (BONT): Get Free Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Click to get this free report MACYS INC (M): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report BON-TON STORES (BONT): Get Free Report To read this article on Zacks.com click here. Macy's has evolved as a powerful departmental retailer among various other players in the industry, including Dillard's Inc. ( DDS ), Bon-Ton Stores Inc. ( BONT ) and J. C. Penney Company, Inc. ( JCP ). At the one end where it raised its full year earnings projection and provided comparable store sales (comps) data, on the other end it announced the reshuffling of management and buyout of Bluemercury.
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Macy's has evolved as a powerful departmental retailer among various other players in the industry, including Dillard's Inc. ( DDS ), Bon-Ton Stores Inc. ( BONT ) and J. C. Penney Company, Inc. ( JCP ). Click to get this free report MACYS INC (M): Free Stock Analysis Report DILLARDS INC-A (DDS): Free Stock Analysis Report PENNEY (JC) INC (JCP): Free Stock Analysis Report BON-TON STORES (BONT): Get Free Report To read this article on Zacks.com click here. At the one end where it raised its full year earnings projection and provided comparable store sales (comps) data, on the other end it announced the reshuffling of management and buyout of Bluemercury.
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8a39d345-c3ff-49af-acaf-56000a337ab8
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719984.0
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2015-01-21 00:00:00 UTC
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Is Macy's Inc. A Top Stock To Buy for 2015?
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DDS
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https://www.nasdaq.com/articles/macys-inc-top-stock-buy-2015-2015-01-21
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nan
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nan
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Macy's stock has rallied 12% over the past 12 months, narrowly topping the S&P 500 's 10% gain. The department store chain, which also owns Bloomingdale's, has gradually bounced back since 2011, when its three consecutive years of revenue declines finally bottomed out.
CEO Terry Lundgren is widely credited for getting Macy's back on track by wooing back younger shoppers with specialized brands. Macy's also consistently marketed itself to upscale shoppers, which partially shielded it from the economic downturns that derailed Sears Holdings and J.C. Penney .
Source: Wikimedia Commons, Mike Strand .
Looking ahead, can Macy's keep that positive momentum going this year? Let's take a look at three key factors -- retail spending trends, Macy's business model, and comparisons against its industry peers -- to determine whether or not Macy's stock is worth buying.
Mixed messages
The main economic barometers in the U.S., Macy's core market, tell a mixed tale. Oil prices and unemployment in the U.S. are near multi-year lows, indicating that Americans should have higher spending power. However, U.S. retail sales last December slid 0.9% from November -- suggesting that consumers weren't eager to spend that cash. On the bright side, December retail sales improved 3.2% from a year earlier.
Macy's holiday numbers also paint a mixed picture. For the November/December period, Macy's comparable sales climbed 2.7% year-over-year. But during that period, Macy's lower-end rival J.C. Penney reported comparables growth of 3.7%. Cautious U.S. shoppers notably preferred cheaper retailers like The Gap 's Old Navy, which posted 18% comparables growth in November and 8% growth in December. By comparison, The Gap's pricier namesake stores posted comparable declines of 4% in November and 5% in December.
Source: Wikimedia Commons, Jaranda .
This disparity suggests that the retail environment could be turning against higher end retailers like Macy's. Macy's recent announcement of the closure of 14 stores and the layoffs of up to 2,500 workers seem to confirm that shift, although it's not a major retreat -- the company will still operate 830 Macy's and Bloomingdale's stores after the transition.
Digital shift
Macy's intends to reinvest the projected savings of $140 million from those closures and layoffs back into its e-commerce initiatives.
Over the past few years, Macy's has emphasized an "omnichannel" strategy -- which cohesively blends e-commerce and brick-and-mortar initiatives -- where the two businesses complement each other by synchronizing online and in-store catalogs and using stores as fulfillment centers for online orders.
Since Macy's is blurring the lines between its brick-and-mortar and e-commerce businesses, it no longer reports online sales separately. In fiscal 2013, the last year it reported e-commerce numbers, online sales rose 40% year-over-year and accounted for 11% of its top line. Therefore, decreasing its brick-and-mortar footprint to grow its e-commerce one should be considered a smart forward-thinking move for the company.
The competition
To gauge whether or not Macy's is a solid investment, we should compare its recent sales performance against three key rivals -- Nordstrom , Dillard's , and J.C. Penney.
In terms of year-over-year comparable sales growth, Nordstrom -- which appeals to a slightly more affluent demographic than Macy's -- has posted consistently strong numbers, while J.C. Penney looks like a possible comeback play.
YOY comparables growth. *Excluding licensed businesses. Source: Company earnings reports.
Macy's numbers last quarter also reflect that inconsistent performance -- Wall Street had expected a 1.9% gain in comparable sales (excluding licensed businesses), but Macy's posted a 1.4% decline on that basis.
Last November, Macy's cut its full-year comparables forecast from 1.5%-2% to 0.7%-1% and reduced its full-year earnings forecast from $4.40-$4.50 to $4.25-$4.35 per share . Those expectations pale in comparison to Nordstrom, which still expects 3.5% comparables growth for fiscal 2014. That stark contrast suggests that Nordstrom could be stealing affluent customers away from Macy's.
Those red flags indicate that Macy's lumpy performance could continue after it reports its fourth quarter and full year earnings on Feb. 24.
The verdict
Macy's stock appears fairly cheap at 13 times forward earnings. Nordstrom and Dillard's have forward P/Es of 19 and 14, respectively, while J.C. Penney remains unprofitable.
However, a market filled with cautious shoppers, the surprising strength of cheaper retailers, Macy's uneven comparables performance, and bleak guidance all suggest that the stock could be headed lower this year. Investors looking for a stable department store stock should consider Nordstrom instead, while those seeking a speculative turnaround stock can keep an eye on J.C. Penney.
1 great stock to buy for 2015 and beyond
2015 is shaping up to be another great year for stocks. But if you want to make sure that 2015 is your best investing year ever, you need to know where to start. That's why The Motley Fool's chief investment officer just published a brand-new research report that reveals his top stock for the year ahead. To get the full story on this year's stock -- completely free -- simply click here .
The article Is Macy's Inc. A Top Stock To Buy for 2015? originally appeared on Fool.com.
Leo Sun has no position in any stocks mentioned. The Motley Fool recommends Nordstrom. The Motley Fool owns shares of Dillard's, Inc. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy .
Copyright © 1995 - 2015 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The department store chain, which also owns Bloomingdale's, has gradually bounced back since 2011, when its three consecutive years of revenue declines finally bottomed out. In terms of year-over-year comparable sales growth, Nordstrom -- which appeals to a slightly more affluent demographic than Macy's -- has posted consistently strong numbers, while J.C. Penney looks like a possible comeback play. However, a market filled with cautious shoppers, the surprising strength of cheaper retailers, Macy's uneven comparables performance, and bleak guidance all suggest that the stock could be headed lower this year.
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But during that period, Macy's lower-end rival J.C. Penney reported comparables growth of 3.7%. The competition To gauge whether or not Macy's is a solid investment, we should compare its recent sales performance against three key rivals -- Nordstrom , Dillard's , and J.C. Penney. Macy's numbers last quarter also reflect that inconsistent performance -- Wall Street had expected a 1.9% gain in comparable sales (excluding licensed businesses), but Macy's posted a 1.4% decline on that basis.
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Let's take a look at three key factors -- retail spending trends, Macy's business model, and comparisons against its industry peers -- to determine whether or not Macy's stock is worth buying. Macy's numbers last quarter also reflect that inconsistent performance -- Wall Street had expected a 1.9% gain in comparable sales (excluding licensed businesses), but Macy's posted a 1.4% decline on that basis. However, a market filled with cautious shoppers, the surprising strength of cheaper retailers, Macy's uneven comparables performance, and bleak guidance all suggest that the stock could be headed lower this year.
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In terms of year-over-year comparable sales growth, Nordstrom -- which appeals to a slightly more affluent demographic than Macy's -- has posted consistently strong numbers, while J.C. Penney looks like a possible comeback play. Source: Company earnings reports. That's why The Motley Fool's chief investment officer just published a brand-new research report that reveals his top stock for the year ahead.
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55b9d752-6fed-4c11-9987-c27c0ca2dbe8
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719985.0
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2014-12-26 00:00:00 UTC
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Dillard's, Inc. (DDS) Ex-Dividend Date Scheduled for December 29, 2014
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DDS
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https://www.nasdaq.com/articles/dillards-inc-dds-ex-dividend-date-scheduled-december-29-2014-2014-12-26
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nan
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nan
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Dillard's, Inc. ( DDS ) will begin trading ex-dividend on December 29, 2014. A cash dividend payment of $0.06 per share is scheduled to be paid on February 02, 2015. Shareholders who purchased DDS stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 6th quarter that DDS has paid the same dividend. At the current stock price of $122.53, the dividend yield is .2%.
The previous trading day's last sale of DDS was $122.53, representing a -2.11% decrease from the 52 week high of $125.17 and a 48.07% increase over the 52 week low of $82.75.
DDS is a part of the Consumer Services sector, which includes companies such as Wal-Mart Stores, Inc. ( WMT ) and Costco Wholesale Corporation ( COST ). DDS's current earnings per share, an indicator of a company's profitability, is $7.37. Zacks Investment Research reports DDS's forecasted earnings growth in 2015 as 10.52%, compared to an industry average of 17.3%.
For more information on the declaration, record and payment dates, visit the DDS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to DDS through an Exchange Traded Fund [ETF]?
The following ETF(s) have DDS as a top-10 holding:
PowerShares Dynamic Retail ( PMR )
First Trust Cons. Discret. AlphaDEX ( FXD )
Power Shares Dynamic Market Portfolio ( PWC ).
The top-performing ETF of this group is PMR with an increase of 17.8% over the last 100 days. It also has the highest percent weighting of DDS at 2.91%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Shareholders who purchased DDS stock prior to the ex-dividend date are eligible for the cash dividend payment. DDS is a part of the Consumer Services sector, which includes companies such as Wal-Mart Stores, Inc. ( WMT ) and Costco Wholesale Corporation ( COST ). Zacks Investment Research reports DDS's forecasted earnings growth in 2015 as 10.52%, compared to an industry average of 17.3%.
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DDS's current earnings per share, an indicator of a company's profitability, is $7.37. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Dillard's, Inc. ( DDS ) will begin trading ex-dividend on December 29, 2014.
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Shareholders who purchased DDS stock prior to the ex-dividend date are eligible for the cash dividend payment. The previous trading day's last sale of DDS was $122.53, representing a -2.11% decrease from the 52 week high of $125.17 and a 48.07% increase over the 52 week low of $82.75. For more information on the declaration, record and payment dates, visit the DDS Dividend History page.
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Shareholders who purchased DDS stock prior to the ex-dividend date are eligible for the cash dividend payment. Dillard's, Inc. ( DDS ) will begin trading ex-dividend on December 29, 2014. This marks the 6th quarter that DDS has paid the same dividend.
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b6587f0d-f3a5-47a6-adae-b8f25d30fd6a
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719986.0
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2014-12-08 00:00:00 UTC
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5 Reasons J.C. Penney Inc. Stock Could Rise
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DDS
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https://www.nasdaq.com/articles/5-reasons-jc-penney-inc-stock-could-rise-2014-12-08
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nan
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nan
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J.C. Penney is holding ribbon-cutting ceremonies, but investors might want to stage a ticker-tape parade if the department store chain fulfills its promise. Photo: J.C. Penney.
Wall Street didn't like J.C. Penney 's third-quarter surprise. The unexpected revenue shortfall seemed to catch analysts unawares despite the retailer's previous warnings that sales were slowing.
Shares of the department store chain have traded relatively flat since the announcement, and there's concern the weak Black Friday sales numbers may hurt J.C. Penney more than others. But here are seven reasons why the retailer's stock could rise.
1. Sephora generates traffic
The makeup and beauty supplies outlet has been a beneficial partnership since it began. Now outgoing CEO Mike Ullman says Sephora "continues to deliver double-digit growth, drive traffic and generate significant customer loyalty."
The allure of the cosmetics counter has been a strength of J.C. Penney's turnaround. Photo: Sephora.
Currently in approximately 500 J.C. Penney stores, Sephora accounts for much higher store sales than when it initially began the test run in 2006. The department store thought it would amount to about 5% of sales, but says it's now running in the high single digits. It's even higher at J.C. Penney's smaller stores.
More importantly, the customer that comes in for Sephora buys items in other departments too. She's the second most cross-shopped customer in the store. It's a partnership that will continue paying dividends to J.C. Penney. Traffic overall may still be negative, but it continues to improve sequentially and turning positive is now in sight.
2. Preserving margins through lower clearance
The story at J.C. Penney last year was how it was able to attract customers to its stores once again. A customer once lost is hard to regain. But the department store chain recorded large gains in customers last year, primarily on returning to its roots of the doorbuster sale.
While important to reconnecting with its customers, clearing out merchandise at cut-rate prices is not sustainable for a financially fragile business. This year J.C. Penney believes its inventory is right-sized so that clearance merchandise is down 30% from the year-ago period. It might not generate the same customer traffic as a result, but it's a better customer that's visiting.
And a more profitable one. Although J.C. Penney is still producing losses, they've narrowed significantly and gross margins surged 710 basis points to 36.6% from last year. The retailer expects there to be a 500- to 600-basis-point improvement for the full year as a result.
3. Customers continue to return
Considering Macy's , Kohl's , and Dillard's all reported comparable store sales that were lower than a year ago, the flat comp numbers J.C. Penney recorded is an achievement.
While a component of comps are the prices a company charges -- and Penney's determination to hold the line on giving away the store likely played a role in its better-than-the-competition numbers -- returning customers are also key. The steadily improving customer traffic, combined with fewer promotions than its rivals, allowed J.C. Penney to report better same store sales. These key factors will take on greater significance down the road when J.C. Penney's traffic turns positive.
The weather outside's been frightful, but that should help make holiday sales delightful. Photo: J.C. Penney
4. Seasonal sales
Last year retailers everywhere bemoaned the seemingly strange effect winter weather had on results. Whether it was clothing stores, department stores, restaurants, or even dairies, the harsh snowy weather was blamed for a multitude of under-performance. Even the White House blamed the "snow in winter" phenomenon on the economy's sub-par first quarter.
But this fall, it was warmer weather that burned retailers. J.C. Penney, Macy's, and Kohl's all said the failure of cool, crisp autumn weather to show up on schedule caused customers to stay away later in the third quarter.
Well, we've got our cold weather now (just ask the folks in Buffalo, N.Y.), and that ought to drive sales of seasonal apparel. Expect J.C. Penney to record much higher sales as a result.
5. Profitable where it counts
As noted previously, J.C. Penney's bottom line still sports red ink, but it maintains that it will be free cash flow positive by the end of the year. It's the excess cash that a company generates after paying for investments in its business that drives its ability to return value to shareholders.
Having a firm foundation to build upon, as becoming free cash flow positive would do for J.C. Penney, means it will become more flexible in its options going forward and solidify its fragile financial state.
Let it snow
There's little doubt that reduced consumer spending this Christmas would hit J.C. Penney and all retailers hard. While the five-day Black Friday event the industry ran from Thanksgiving until Cyber Monday was disappointing in many respects, it's also true retailers have expanded the definition of when the Christmas season starts so fighting the crowds during that period is less of an imperative.
Risks remain to J.C. Penney's full recovery, but there's a lot to be hopeful for too. The factors above could play a role in sending the department store chain's stock higher.
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The article 5 Reasons J.C. Penney Inc. Stock Could Rise originally appeared on Fool.com.
Rich Duprey owns shares of J.C. Penney Company. The Motley Fool recommends Apple. The Motley Fool owns shares of Apple and Dillard's. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy .
Copyright © 1995 - 2014 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Customers continue to return Considering Macy's , Kohl's , and Dillard's all reported comparable store sales that were lower than a year ago, the flat comp numbers J.C. Penney recorded is an achievement. While a component of comps are the prices a company charges -- and Penney's determination to hold the line on giving away the store likely played a role in its better-than-the-competition numbers -- returning customers are also key. While the five-day Black Friday event the industry ran from Thanksgiving until Cyber Monday was disappointing in many respects, it's also true retailers have expanded the definition of when the Christmas season starts so fighting the crowds during that period is less of an imperative.
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Customers continue to return Considering Macy's , Kohl's , and Dillard's all reported comparable store sales that were lower than a year ago, the flat comp numbers J.C. Penney recorded is an achievement. The factors above could play a role in sending the department store chain's stock higher. The Motley Fool owns shares of Apple and Dillard's.
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Currently in approximately 500 J.C. Penney stores, Sephora accounts for much higher store sales than when it initially began the test run in 2006. Customers continue to return Considering Macy's , Kohl's , and Dillard's all reported comparable store sales that were lower than a year ago, the flat comp numbers J.C. Penney recorded is an achievement. The steadily improving customer traffic, combined with fewer promotions than its rivals, allowed J.C. Penney to report better same store sales.
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Customers continue to return Considering Macy's , Kohl's , and Dillard's all reported comparable store sales that were lower than a year ago, the flat comp numbers J.C. Penney recorded is an achievement. The factors above could play a role in sending the department store chain's stock higher. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.
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7e1ec886-e72b-4d09-be3f-0b22f13cddf9
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719987.0
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2014-11-25 00:00:00 UTC
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Dillard's (DDS) Up on Shareholder-Friendly Moves - Analyst Blog
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DDS
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https://www.nasdaq.com/articles/dillards-dds-up-on-shareholder-friendly-moves-analyst-blog-2014-11-25
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nan
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nan
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Shares of Dillard's Inc. ( DDS ) have climbed 1.4% since the company announced plans to return excess cash to shareholders via dividend payments and share repurchases.
Management approved a repurchase program under which the company is authorized to buy back up to $500 million worth of its Class A shares via open market operations. The new program reflects the company's sound financial position and well-defined future prospects.
Dillard's has always been committed to create value for its shareholders by returning capital in the form of dividends and share repurchase programs. In the last reported quarter, the company repurchased 2 million of its common stock for $224.5 million, which signifies an average price of $109.89 per share.
Moving on to the dividend announcement, Dillard's declared a cash dividend of 6 cents a share, to be paid on both its Class A and Class B shares. The payment will be made on Feb 2, 2015 to stockholders of record as of Dec 31, 2014. Dillard's frequent dividend payments further underscore the company's focus on boosting shareholder value.
The company's strong balance sheet and cash flow provide financial flexibility for these shareholder-friendly moves as well as store and online business expansions. During the third quarter of fiscal 2014, the company opened two namesake stores and as of Nov 1, Dillard's had about 280 namesake outlets and 18 clearance centers operating in 29 states, and an online store at www.dillards.com.
Dillard's sound financial status is also evident from the fact that its net cash flow from operations for the first nine months of fiscal 2014 came in at $209.9 million, compared with $173 million in the prior-year period. Also, it had cash balance of $91.9 million at the quarter-end.
We believe that dividend payments and share repurchases raise the market value of a stock. Through dividend payments, companies bolster investors' confidence, persuading them to either buy or hold the scrip instead of selling, besides attracting potential investors.
However, this leading fashion apparel, cosmetics and home furnishings retailer currently carries a Zacks Rank #4 (Sell) as its total quarterly revenue of $1,499.2 million reflected a marginal decline from the year-ago figure of $1,506.9 million and came in lower than the Zacks Consensus Estimate of $1,523 million. This was mainly due to the home and furniture categories, which recorded the lowest sales in the quarter.
Better-ranked retail stocks include Bebe Stores, Inc. ( BEBE ), with a Zacks Rank #1 (Strong Buy), Big 5 Sporting Goods Corp. ( BGFV ) and Dollar Tree, Inc. ( DLTR ), each with a Zacks Rank #2 (Buy).
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DILLARDS INC-A (DDS): Free Stock Analysis Report
DOLLAR TREE INC (DLTR): Free Stock Analysis Report
BIG 5 SPORTING (BGFV): Free Stock Analysis Report
BEBE STORES INC (BEBE): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Shares of Dillard's Inc. ( DDS ) have climbed 1.4% since the company announced plans to return excess cash to shareholders via dividend payments and share repurchases. Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report DOLLAR TREE INC (DLTR): Free Stock Analysis Report BIG 5 SPORTING (BGFV): Free Stock Analysis Report BEBE STORES INC (BEBE): Free Stock Analysis Report To read this article on Zacks.com click here. Management approved a repurchase program under which the company is authorized to buy back up to $500 million worth of its Class A shares via open market operations.
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Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report DOLLAR TREE INC (DLTR): Free Stock Analysis Report BIG 5 SPORTING (BGFV): Free Stock Analysis Report BEBE STORES INC (BEBE): Free Stock Analysis Report To read this article on Zacks.com click here. Shares of Dillard's Inc. ( DDS ) have climbed 1.4% since the company announced plans to return excess cash to shareholders via dividend payments and share repurchases. Better-ranked retail stocks include Bebe Stores, Inc. ( BEBE ), with a Zacks Rank #1 (Strong Buy), Big 5 Sporting Goods Corp. ( BGFV ) and Dollar Tree, Inc. ( DLTR ), each with a Zacks Rank #2 (Buy).
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Shares of Dillard's Inc. ( DDS ) have climbed 1.4% since the company announced plans to return excess cash to shareholders via dividend payments and share repurchases. Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report DOLLAR TREE INC (DLTR): Free Stock Analysis Report BIG 5 SPORTING (BGFV): Free Stock Analysis Report BEBE STORES INC (BEBE): Free Stock Analysis Report To read this article on Zacks.com click here. However, this leading fashion apparel, cosmetics and home furnishings retailer currently carries a Zacks Rank #4 (Sell) as its total quarterly revenue of $1,499.2 million reflected a marginal decline from the year-ago figure of $1,506.9 million and came in lower than the Zacks Consensus Estimate of $1,523 million.
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Shares of Dillard's Inc. ( DDS ) have climbed 1.4% since the company announced plans to return excess cash to shareholders via dividend payments and share repurchases. Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report DOLLAR TREE INC (DLTR): Free Stock Analysis Report BIG 5 SPORTING (BGFV): Free Stock Analysis Report BEBE STORES INC (BEBE): Free Stock Analysis Report To read this article on Zacks.com click here. In the last reported quarter, the company repurchased 2 million of its common stock for $224.5 million, which signifies an average price of $109.89 per share.
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e913b24a-421c-4c02-8637-f3a32819488f
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719988.0
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2014-11-21 00:00:00 UTC
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Dillard's Inc. (DDS) in Focus: Stock Jumps 9.3% - Tale of the Tape
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DDS
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https://www.nasdaq.com/articles/dillards-inc.-dds-in-focus%3A-stock-jumps-9.3-tale-of-the-tape-2014-11-21
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nan
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nan
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Dillard's Inc. ( DDS ) was a big mover last session, as the company saw its shares rise by over 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend of the company, as the stock is now trading above the volatile price range of $103.48 to $112.76 in the past one-month time frame.
The company has seen two negative revisions in the past one month, while its Zacks Consensus Estimate moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
Dillard's currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
However, some better-ranked stocks in the broad retail-wholesale sector include Best Buy Co., Inc. ( BBY ), Stamps.com Inc. ( STMP ) and Safeway Inc. ( SWY ). All these stocks carry a Zacks Rank #1 (Strong Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
DILLARDS INC-A (DDS): Free Stock Analysis Report
BEST BUY (BBY): Free Stock Analysis Report
STAMPS.COM INC (STMP): Free Stock Analysis Report
SAFEWAY INC (SWY): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Dillard's Inc. ( DDS ) was a big mover last session, as the company saw its shares rise by over 9% on the day. Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report BEST BUY (BBY): Free Stock Analysis Report STAMPS.COM INC (STMP): Free Stock Analysis Report SAFEWAY INC (SWY): Free Stock Analysis Report To read this article on Zacks.com click here. This reverses the recent trend of the company, as the stock is now trading above the volatile price range of $103.48 to $112.76 in the past one-month time frame.
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Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report BEST BUY (BBY): Free Stock Analysis Report STAMPS.COM INC (STMP): Free Stock Analysis Report SAFEWAY INC (SWY): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's Inc. ( DDS ) was a big mover last session, as the company saw its shares rise by over 9% on the day. Click to get this free report >> Want the latest recommendations from Zacks Investment Research?
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Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report BEST BUY (BBY): Free Stock Analysis Report STAMPS.COM INC (STMP): Free Stock Analysis Report SAFEWAY INC (SWY): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's Inc. ( DDS ) was a big mover last session, as the company saw its shares rise by over 9% on the day. Click to get this free report >> Want the latest recommendations from Zacks Investment Research?
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Dillard's Inc. ( DDS ) was a big mover last session, as the company saw its shares rise by over 9% on the day. Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report BEST BUY (BBY): Free Stock Analysis Report STAMPS.COM INC (STMP): Free Stock Analysis Report SAFEWAY INC (SWY): Free Stock Analysis Report To read this article on Zacks.com click here. This reverses the recent trend of the company, as the stock is now trading above the volatile price range of $103.48 to $112.76 in the past one-month time frame.
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27a44df9-2ed6-46fa-870c-de43060cc025
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719989.0
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2014-11-14 00:00:00 UTC
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Dillard's Q3 Earnings Beat Estimates, Outlook Intact - Analyst Blog
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DDS
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https://www.nasdaq.com/articles/dillards-q3-earnings-beat-estimates-outlook-intact-analyst-blog-2014-11-14
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nan
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nan
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Leading fashion apparel, cosmetics and home furnishings retailer, Dillard's Inc. ( DDS ) yesterday reported better-than-anticipated third-quarter fiscal 2014 results, wherein earnings of $1.30 per share came ahead of the Zacks Consensus Estimate of $1.27 and marked a year-over-year improvement of nearly 15%. Following the announcement, the company's shares gained 6.4% and touched intraday high of $116.43.
Dillard's net sales (including CDI Contractors LLC or CDI) inched down 0.5% year over year to $1,459.8 million in the quarter. Merchandise sales, excluding CDI, also marginally declined to $1,422 million from $1,437 million reported in the year-ago quarter.
The company's total revenue (including service charges and other income) of $1,499.2 million reflected a marginal decline from the year-ago quarter revenue of $1,506.9 million and was lower than the Zacks Consensus Estimate of $1,523 million.
Merchandise comparable-store sales (comps) for the thirteen-week period ended Nov 1, 2014 were down 1% from the thirteen-week period ended Nov 2, 2013.
During the quarter, the outperforming categories were juniors' and children's apparel. This was followed by strong performance at the men's apparel and accessories category. However, the home and furniture categories recorded the lowest sales in the quarter. The best performing region was Central, followed by the Eastern and Western regions, respectively.
In the quarter, consolidated gross margin improved 50 basis points (bps) to 38.3%, while gross margin from retail operations (excluding CDI) expanded 69 bps. The year-over-year improvement in retail gross margin was primarily due to higher markups and lower markdowns.
Dillard's selling, general and administrative (SG&A) expenses for the quarter increased nearly 2% to $412.3 million from $404.4 million in the prior year, primarily due to higher payroll costs. SG&A as a percentage of sales increased 70 bps to 28.2% in the quarter.
Other Financial Details
Dillard's ended the quarter with cash and cash equivalents of $91.9 million compared with $111 million at the end of third-quarter last year. As of Nov 1, 2014, the company's long-term debt and capital leases improved marginally to $620.9 million from $621.7 million as of Nov 2, 2013.
For the nine months of fiscal 2014, the company's net cash flow from operations was $209.9 million compared with $173 million in the prior-year period.
Furthermore, during the quarter, the company repurchased 2 million of its common stock for $224.5 million, which signifies an average price of $109.89 per share.
Store Update
During the quarter, the company opened two namesake stores located at The Shops at Summerlin in Las Vegas, NV and The Mall at University Town Center in Sarasota, FL. As of Nov 1, 2014, Dillard's had about 280 namesake outlets and 18 clearance centers operating in 29 states and an online store at www.dillards.com. Dillard's total square footage as of Nov 1, 2014 was 50.9 million.
Fiscal 2014 Outlook
Dillard's reiterated its forecast for fiscal 2014. The company continues to project rentals of approximately $26 million in fiscal 2014 compared with $27 million reported in fiscal 2013. Net interest and debt expenses for the year are expected to be nearly $61 million compared with $65 million in fiscal 2013. Moreover, the company still expects capital expenditure to be about $150 million in fiscal 2014 compared with $95 million in fiscal 2013.
However, Dillard's lowered its fiscal 2014 projection for depreciation and amortization expenses to $250 million from $255 million projected earlier.
Other Stocks to Consider
Currently, Dillard's holds a Zacks Rank #4 (Sell). Better-ranked stocks in the retail industry include Columbia Sportswear Company ( COLM ), L Brands Inc. ( LB ) and Ross Stores Inc. ( ROST ). While Columbia Sportswear holds a Zacks Rank #1 (Strong Buy), L Brands and Ross Stores carries a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
DILLARDS INC-A (DDS): Free Stock Analysis Report
COLUMBIA SPORTS (COLM): Free Stock Analysis Report
ROSS STORES (ROST): Free Stock Analysis Report
L BRANDS INC (LB): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Leading fashion apparel, cosmetics and home furnishings retailer, Dillard's Inc. ( DDS ) yesterday reported better-than-anticipated third-quarter fiscal 2014 results, wherein earnings of $1.30 per share came ahead of the Zacks Consensus Estimate of $1.27 and marked a year-over-year improvement of nearly 15%. Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report COLUMBIA SPORTS (COLM): Free Stock Analysis Report ROSS STORES (ROST): Free Stock Analysis Report L BRANDS INC (LB): Free Stock Analysis Report To read this article on Zacks.com click here. The year-over-year improvement in retail gross margin was primarily due to higher markups and lower markdowns.
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Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report COLUMBIA SPORTS (COLM): Free Stock Analysis Report ROSS STORES (ROST): Free Stock Analysis Report L BRANDS INC (LB): Free Stock Analysis Report To read this article on Zacks.com click here. Leading fashion apparel, cosmetics and home furnishings retailer, Dillard's Inc. ( DDS ) yesterday reported better-than-anticipated third-quarter fiscal 2014 results, wherein earnings of $1.30 per share came ahead of the Zacks Consensus Estimate of $1.27 and marked a year-over-year improvement of nearly 15%. Better-ranked stocks in the retail industry include Columbia Sportswear Company ( COLM ), L Brands Inc. ( LB ) and Ross Stores Inc. ( ROST ).
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Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report COLUMBIA SPORTS (COLM): Free Stock Analysis Report ROSS STORES (ROST): Free Stock Analysis Report L BRANDS INC (LB): Free Stock Analysis Report To read this article on Zacks.com click here. Leading fashion apparel, cosmetics and home furnishings retailer, Dillard's Inc. ( DDS ) yesterday reported better-than-anticipated third-quarter fiscal 2014 results, wherein earnings of $1.30 per share came ahead of the Zacks Consensus Estimate of $1.27 and marked a year-over-year improvement of nearly 15%. The company's total revenue (including service charges and other income) of $1,499.2 million reflected a marginal decline from the year-ago quarter revenue of $1,506.9 million and was lower than the Zacks Consensus Estimate of $1,523 million.
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Leading fashion apparel, cosmetics and home furnishings retailer, Dillard's Inc. ( DDS ) yesterday reported better-than-anticipated third-quarter fiscal 2014 results, wherein earnings of $1.30 per share came ahead of the Zacks Consensus Estimate of $1.27 and marked a year-over-year improvement of nearly 15%. Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report COLUMBIA SPORTS (COLM): Free Stock Analysis Report ROSS STORES (ROST): Free Stock Analysis Report L BRANDS INC (LB): Free Stock Analysis Report To read this article on Zacks.com click here. Merchandise sales, excluding CDI, also marginally declined to $1,422 million from $1,437 million reported in the year-ago quarter.
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28446946-2a99-418d-be73-268d528cc3e8
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719990.0
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2014-11-13 00:00:00 UTC
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Earnings Reaction History: Dillards Inc CL A, 37.5% Follow-Through Indicator, 4.8% Sensitive
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DDS
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https://www.nasdaq.com/articles/earnings-reaction-history-dillards-inc-cl-375-follow-through-indicator-48-sensitive-2014
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nan
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nan
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Expected Earnings Release: 11/13/2014, Premarket
Avg. Extended-Hours Dollar Volume: $1,241,799
Dillards Inc CL A ( DDS ) is due to issue its quarterly earnings report in the upcoming extended-hours session. Given its history, traders can expect light trading in the issue immediately following its quarterly earnings announcement. Historical earnings event related premarket and after-hours trading activity in DDS indicates that the price change in the extended hours is likely to be of limited value in forecasting additional price movement by the following regular session close.
Last 12 Qtrs Positive Only Price Reactions
Percent of time added to extended-hours gains: 33.3%
Average next regular session additional gain: 1%
Over the prior three fiscal years (12 quarters), when shares of DDS rose in the extended-hours session in reaction to its earnings announcement, history shows that 33.3% of the time (2 events) the stock posted additional gains in the following regular session by an average of 1.0%.
Last 12 Qtrs Negative Only Price Reactions
Percent of time added to extended-hours losses: 100%
Average next regular session additional loss: 2.8%
Over that same historical period, when shares of DDS dropped in the extended-hours in reaction to its earnings announcement, history shows that 100.0% of the time (2 events) the stock dropped further, adding to the extended-hours losses by an average of 2.8% by the following regular session close.
Data provided by the MT Pro service at MTNewswires.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Last 12 Qtrs Positive Only Price Reactions Percent of time added to extended-hours gains: 33.3% Average next regular session additional gain: 1% Over the prior three fiscal years (12 quarters), when shares of DDS rose in the extended-hours session in reaction to its earnings announcement, history shows that 33.3% of the time (2 events) the stock posted additional gains in the following regular session by an average of 1.0%. Last 12 Qtrs Negative Only Price Reactions Percent of time added to extended-hours losses: 100% Average next regular session additional loss: 2.8% Over that same historical period, when shares of DDS dropped in the extended-hours in reaction to its earnings announcement, history shows that 100.0% of the time (2 events) the stock dropped further, adding to the extended-hours losses by an average of 2.8% by the following regular session close. Extended-Hours Dollar Volume: $1,241,799 Dillards Inc CL A ( DDS ) is due to issue its quarterly earnings report in the upcoming extended-hours session.
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Last 12 Qtrs Positive Only Price Reactions Percent of time added to extended-hours gains: 33.3% Average next regular session additional gain: 1% Over the prior three fiscal years (12 quarters), when shares of DDS rose in the extended-hours session in reaction to its earnings announcement, history shows that 33.3% of the time (2 events) the stock posted additional gains in the following regular session by an average of 1.0%. Last 12 Qtrs Negative Only Price Reactions Percent of time added to extended-hours losses: 100% Average next regular session additional loss: 2.8% Over that same historical period, when shares of DDS dropped in the extended-hours in reaction to its earnings announcement, history shows that 100.0% of the time (2 events) the stock dropped further, adding to the extended-hours losses by an average of 2.8% by the following regular session close. Extended-Hours Dollar Volume: $1,241,799 Dillards Inc CL A ( DDS ) is due to issue its quarterly earnings report in the upcoming extended-hours session.
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Last 12 Qtrs Positive Only Price Reactions Percent of time added to extended-hours gains: 33.3% Average next regular session additional gain: 1% Over the prior three fiscal years (12 quarters), when shares of DDS rose in the extended-hours session in reaction to its earnings announcement, history shows that 33.3% of the time (2 events) the stock posted additional gains in the following regular session by an average of 1.0%. Last 12 Qtrs Negative Only Price Reactions Percent of time added to extended-hours losses: 100% Average next regular session additional loss: 2.8% Over that same historical period, when shares of DDS dropped in the extended-hours in reaction to its earnings announcement, history shows that 100.0% of the time (2 events) the stock dropped further, adding to the extended-hours losses by an average of 2.8% by the following regular session close. Extended-Hours Dollar Volume: $1,241,799 Dillards Inc CL A ( DDS ) is due to issue its quarterly earnings report in the upcoming extended-hours session.
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Extended-Hours Dollar Volume: $1,241,799 Dillards Inc CL A ( DDS ) is due to issue its quarterly earnings report in the upcoming extended-hours session. Last 12 Qtrs Positive Only Price Reactions Percent of time added to extended-hours gains: 33.3% Average next regular session additional gain: 1% Over the prior three fiscal years (12 quarters), when shares of DDS rose in the extended-hours session in reaction to its earnings announcement, history shows that 33.3% of the time (2 events) the stock posted additional gains in the following regular session by an average of 1.0%. Historical earnings event related premarket and after-hours trading activity in DDS indicates that the price change in the extended hours is likely to be of limited value in forecasting additional price movement by the following regular session close.
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469782bc-5b52-4a98-9173-14a53062f4a5
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719991.0
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2014-11-13 00:00:00 UTC
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Mid-Day Market Update: DreamWorks Animation Climbs On Report of Possible Acquisition By Hasbro; J C Penney Shares Slide
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DDS
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https://www.nasdaq.com/articles/mid-day-market-update-dreamworks-animation-climbs-report-possible-acquisition-hasbro-j-c
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nan
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nan
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Midway through trading Thursday, the Dow traded up 0.26 percent to 17,658.68 while the NASDAQ gained 0.31 percent to 4,689.42. The S&P also rose, gaining 0.07 percent to 2,039.75.
Leading and Lagging Sectors
Cyclical consumer goods & services shares jumped by 0.80 percent on Thursday. Top gainers in the sector included DreamWorks Animation SKG (NASDAQ: DWA ), up 15.8 percent, and Dillard's (NYSE: DDS ), up 6 percent.
In trading on Thursday, energy shares were relative laggards, down on the day by about 1.52 percent. Top losers in the sector included Alpha Natural Resources (NYSE: ANR ), down 8 percent, and Walter Energy (NYSE: WLT ), off 7.8 percent.
Top Headline
Wal-Mart Stores (NYSE: WMT ) reported upbeat results for the third quarter.
The Bentonville, Arkansas-based company posted quarterly net income of $3.71 billion, or $1.15 per share, versus $3.74 billion, or $1.14 per share, in the year-ago period.
Its sales climbed to $119 billion from $115.7 billion. However, analysts were expecting earnings of $1.12 per share on revenue of $118.4 billion. Comparable sales at Walmart US increased 0.5%.
Equities Trading UP
DreamWorks Animation SKG (NASDAQ: DWA ) shares shot up 16.41 percent to $26.04 on the Deadline Hollywood report of possible acquisition by Hasbro (NASDAQ: HAS ).
Shares of Rocket Fuel (NASDAQ: FUEL ) got a boost, shooting up 24.46 percent to $20.20 after beating third-quarter expectations and posting a fourth quarter outlook higher than the Wall Street consensus.
Cyber-Ark Software (NASDAQ: CYBR ) shares were also up, gaining 20.82 percent to $40.72 after the company reported better-than-expected third-quarter earnings and issued a strong Q4 outlook.
Equities Trading DOWN
Shares of SunPower (NASDAQ: SPWR ) were down 6.12 percent to $27.37 after the company issued FY15 guidance. For fiscal year 2015, the company expected net income per diluted share of $1.10 to $1.50 on non-GAAP revenue of $2.4 billion to $2.6 billion.
J. C. Penney Company (NYSE: JCP ) shares tumbled 8.12 percent to $7.13 after the company reported a narrower-than-expected third-quarter loss, but its sales were slightly below the Wall Street consensus. The company also posted flat same-store sales in the quarter.
Kohl's (NYSE: KSS ) was down, falling 2.87 percent to $56.25 after the company reported weaker-than-expected fiscal third-quarter profit.
Commodities
In commodity news, oil traded down 2.71 percent to $75.09, while gold traded up 0.48 percent to $1,164.60.
Silver traded up 0.43 percent Thursday to $15.69, while copper fell 0.53 percent to $3.01.
Eurozone
European shares were mostly higher today. The eurozone's STOXX 600 gained 0.23 percent, the Spanish Ibex Index slipped 0.17 percent, while Italy's FTSE MIB Index rose 0.43 percent. Meanwhile, the German DAX rose 0.41 percent and the French CAC 40 climbed 0.19 percent while UK shares dropped 0.37 percent.
Economics
Initial jobless claims increased 12,000 to 290,000 in the week ended November 8. However, economists were expecting claims to reach 280,000 in the week.
US oil supplies slipped 1.7 million barrels for the week ended November 7, according to the Energy Information Administration. However, analysts were estimating a drop of 500,000 barrels. Gasoline inventories climbed 1.8 million, while supplies of distillates dropped 2.8 million barrels.
The U.S. Treasury monthly budget report for October will be released at 2:00 p.m. ET.
Data on money supply will be released at 4:30 p.m. ET.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Top gainers in the sector included DreamWorks Animation SKG (NASDAQ: DWA ), up 15.8 percent, and Dillard's (NYSE: DDS ), up 6 percent. Leading and Lagging Sectors Cyclical consumer goods & services shares jumped by 0.80 percent on Thursday. Cyber-Ark Software (NASDAQ: CYBR ) shares were also up, gaining 20.82 percent to $40.72 after the company reported better-than-expected third-quarter earnings and issued a strong Q4 outlook.
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Top gainers in the sector included DreamWorks Animation SKG (NASDAQ: DWA ), up 15.8 percent, and Dillard's (NYSE: DDS ), up 6 percent. Equities Trading UP DreamWorks Animation SKG (NASDAQ: DWA ) shares shot up 16.41 percent to $26.04 on the Deadline Hollywood report of possible acquisition by Hasbro (NASDAQ: HAS ). US oil supplies slipped 1.7 million barrels for the week ended November 7, according to the Energy Information Administration.
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Top gainers in the sector included DreamWorks Animation SKG (NASDAQ: DWA ), up 15.8 percent, and Dillard's (NYSE: DDS ), up 6 percent. Midway through trading Thursday, the Dow traded up 0.26 percent to 17,658.68 while the NASDAQ gained 0.31 percent to 4,689.42. The eurozone's STOXX 600 gained 0.23 percent, the Spanish Ibex Index slipped 0.17 percent, while Italy's FTSE MIB Index rose 0.43 percent.
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Top gainers in the sector included DreamWorks Animation SKG (NASDAQ: DWA ), up 15.8 percent, and Dillard's (NYSE: DDS ), up 6 percent. Midway through trading Thursday, the Dow traded up 0.26 percent to 17,658.68 while the NASDAQ gained 0.31 percent to 4,689.42. Its sales climbed to $119 billion from $115.7 billion.
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70655d6a-958b-42c8-9027-6e6559da0cf6
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719992.0
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2014-09-25 00:00:00 UTC
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Dillard's, Inc. (DDS) Ex-Dividend Date Scheduled for September 26, 2014
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DDS
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https://www.nasdaq.com/articles/dillards-inc-dds-ex-dividend-date-scheduled-september-26-2014-2014-09-25
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nan
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nan
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Dillard's, Inc. ( DDS ) will begin trading ex-dividend on September 26, 2014. A cash dividend payment of $0.06 per share is scheduled to be paid on November 03, 2014. Shareholders who purchased DDS stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that DDS has paid the same dividend. At the current stock price of $114.1, the dividend yield is .21%.
The previous trading day's last sale of DDS was $114.1, representing a -8.84% decrease from the 52 week high of $125.17 and a 50.61% increase over the 52 week low of $75.76.
DDS is a part of the Consumer Services sector, which includes companies such as Wal-Mart Stores, Inc. ( WMT ) and Costco Wholesale Corporation ( COST ). DDS's current earnings per share, an indicator of a company's profitability, is $7.2. Zacks Investment Research reports DDS's forecasted earnings growth in 2015 as 13.02%, compared to an industry average of 19.8%.
For more information on the declaration, record and payment dates, visit the DDS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to DDS through an Exchange Traded Fund [ETF]?
The following ETF(s) have DDS as a top-10 holding:
PowerShares Dynamic Retail ( PMR )
First Trust Cons. Discret. AlphaDEX ( FXD )
Power Shares Dynamic Market Portfolio ( PWC ).
The top-performing ETF of this group is FXD with an increase of 4.19% over the last 100 days. PMR has the highest percent weighting of DDS at 2.91%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Shareholders who purchased DDS stock prior to the ex-dividend date are eligible for the cash dividend payment. DDS is a part of the Consumer Services sector, which includes companies such as Wal-Mart Stores, Inc. ( WMT ) and Costco Wholesale Corporation ( COST ). Zacks Investment Research reports DDS's forecasted earnings growth in 2015 as 13.02%, compared to an industry average of 19.8%.
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DDS's current earnings per share, an indicator of a company's profitability, is $7.2. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Dillard's, Inc. ( DDS ) will begin trading ex-dividend on September 26, 2014.
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Shareholders who purchased DDS stock prior to the ex-dividend date are eligible for the cash dividend payment. The previous trading day's last sale of DDS was $114.1, representing a -8.84% decrease from the 52 week high of $125.17 and a 50.61% increase over the 52 week low of $75.76. For more information on the declaration, record and payment dates, visit the DDS Dividend History page.
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Shareholders who purchased DDS stock prior to the ex-dividend date are eligible for the cash dividend payment. Dillard's, Inc. ( DDS ) will begin trading ex-dividend on September 26, 2014. This marks the 5th quarter that DDS has paid the same dividend.
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53e6ab7e-de57-4731-a48b-4469c8789902
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719993.0
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2014-09-22 00:00:00 UTC
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Dillard's Moves Up In Market Cap Rank, Passing Dun & Bradstreet
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DDS
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https://www.nasdaq.com/articles/dillards-moves-market-cap-rank-passing-dun-bradstreet-2014-09-22
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nan
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nan
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In the latest look at stocks ordered by largest market capitalization, Russell 3000 component Dillard's Inc. (Symbol: DDS) was identified as having a larger market cap than the smaller end of the S&P 500, for example Dun & Bradstreet Corp (Symbol: DNB), according to The Online Investor .
Market capitalization is an important data point for investors to keep an eye on, for various reasons. The most basic reason is that it gives a true comparison of the value attributed by the stock market to a given company's stock. Many beginning investors look at one stock trading at $10 and another trading at $20 and mistakenly think the latter company is worth twice as much - that of course is a completely meaningless comparison without knowing how many shares of each company exist. But comparing market capitalization (factoring in those share counts) creates a true "apples-to-apples" comparison of the value of two stocks. In the case of Dillard's Inc. (Symbol: DDS), the market cap is now $4.43B, versus Dun & Bradstreet Corp (Symbol: DNB) at $4.29B.
Below is a three month price history chart comparing the stock performance of DDS vs. DNB (Note that we have found 1 split in the DDS split history ):
Another reason market capitalization is important is where it places a company in terms of its size tier in relation to peers - much like the way a mid-size sedan is typically compared to other mid-size sedans (and not SUV's). This can have a direct impact on which indices will include the stock, and which mutual funds and ETFs are willing to own the stock. For instance, a mutual fund that is focused solely on Large Cap stocks may for example only be interested in those companies sized $10 billion or larger. Another illustrative example is the S&P MidCap index which essentially takes the S&P 500 index and "tosses out" the biggest 100 companies so as to focus solely on the 400 smaller "up-and-comers" (which in the right environment can outperform their larger rivals). And ETFs that directly follow an index like the S&P 500 will only own the underlying component of that index, selling companies that lose their status as an S&P 500 company, and buying companies when they are added to the index. So a company's market cap, especially in relation to other companies, carries great importance, and for this reason we at TheOnlineInvestor.com find value to putting together these looks at comparative market capitalization daily.
At the closing bell, DDS is off about 2.2%, while DNB is up about 0.6% on the day Monday.
The 20 Largest U.S. Companies By Market Capitalization »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Below is a three month price history chart comparing the stock performance of DDS vs. DNB (Note that we have found 1 split in the DDS split history ): Another reason market capitalization is important is where it places a company in terms of its size tier in relation to peers - much like the way a mid-size sedan is typically compared to other mid-size sedans (and not SUV's). In the latest look at stocks ordered by largest market capitalization, Russell 3000 component Dillard's Inc. (Symbol: DDS) was identified as having a larger market cap than the smaller end of the S&P 500, for example Dun & Bradstreet Corp (Symbol: DNB), according to The Online Investor . In the case of Dillard's Inc. (Symbol: DDS), the market cap is now $4.43B, versus Dun & Bradstreet Corp (Symbol: DNB) at $4.29B.
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In the latest look at stocks ordered by largest market capitalization, Russell 3000 component Dillard's Inc. (Symbol: DDS) was identified as having a larger market cap than the smaller end of the S&P 500, for example Dun & Bradstreet Corp (Symbol: DNB), according to The Online Investor . In the case of Dillard's Inc. (Symbol: DDS), the market cap is now $4.43B, versus Dun & Bradstreet Corp (Symbol: DNB) at $4.29B. Below is a three month price history chart comparing the stock performance of DDS vs. DNB (Note that we have found 1 split in the DDS split history ): Another reason market capitalization is important is where it places a company in terms of its size tier in relation to peers - much like the way a mid-size sedan is typically compared to other mid-size sedans (and not SUV's).
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In the latest look at stocks ordered by largest market capitalization, Russell 3000 component Dillard's Inc. (Symbol: DDS) was identified as having a larger market cap than the smaller end of the S&P 500, for example Dun & Bradstreet Corp (Symbol: DNB), according to The Online Investor . Below is a three month price history chart comparing the stock performance of DDS vs. DNB (Note that we have found 1 split in the DDS split history ): Another reason market capitalization is important is where it places a company in terms of its size tier in relation to peers - much like the way a mid-size sedan is typically compared to other mid-size sedans (and not SUV's). In the case of Dillard's Inc. (Symbol: DDS), the market cap is now $4.43B, versus Dun & Bradstreet Corp (Symbol: DNB) at $4.29B.
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In the latest look at stocks ordered by largest market capitalization, Russell 3000 component Dillard's Inc. (Symbol: DDS) was identified as having a larger market cap than the smaller end of the S&P 500, for example Dun & Bradstreet Corp (Symbol: DNB), according to The Online Investor . In the case of Dillard's Inc. (Symbol: DDS), the market cap is now $4.43B, versus Dun & Bradstreet Corp (Symbol: DNB) at $4.29B. Below is a three month price history chart comparing the stock performance of DDS vs. DNB (Note that we have found 1 split in the DDS split history ): Another reason market capitalization is important is where it places a company in terms of its size tier in relation to peers - much like the way a mid-size sedan is typically compared to other mid-size sedans (and not SUV's).
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8024ba77-e3f6-432e-89bf-617b6dd3fadf
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719994.0
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2014-08-21 00:00:00 UTC
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Kohl's Rebounds, Clears Buy Point Despite Weak Sales
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DDS
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https://www.nasdaq.com/articles/kohls-rebounds-clears-buy-point-despite-weak-sales-2014-08-21
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nan
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nan
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Discount retailer Kohl's is in buying range after showing surprising strength following a mixed earnings report.
Kohl's ( KSS ) stock is still in the 5% buy zone from Wednesday's breakout past a 58.30 buy point. Volume was a little shy of the 40% jump that signals a healthy breakout.
The stock has advanced since Aug. 13, the day before Kohl's second-quarter earnings report. The firm said that its profit rose 9% from a year earlier to $1.13 a share, above forecasts.
Revenue slipped 1% to $4.24 billion, the fourth straight decline and below estimates.
Retailers have struggled to boost sales amid tepid wage growth, which has forced many consumers to trim spending.Macy's ( M ),Nordstrom ( JWN ) andDillard's ( DDS ) also reported weaker-than-expected quarterly sales.
Yet the Retail-Department Stores industry group was ranked No. 26 out of 197 as of Thursday's IBD.
On Wednesday, Credit Suisse said that department stores controlled inventories much better in Q2 than in Q1, with sales growing faster than inventories for the first time in three years, according to stock-information website theflyonthewall.com. Kohl's, Dillard's and Macy's decreased inventories.
On Thursday, Gilford Securities upgraded Kohl's to buy from neutral.
Menomonee Falls, Wis.-based Kohl's is expected to report full-year profit of $4.28 a share, up 6% from last year, followed by a 10% increase in 2015. Kohl's three-year earnings stability factor is 3 on a scale of 0 (most stable) to 99 (least stable).
The company began offering a dividend in 2011 and has increased the payout every year.
The latest increase came earlier this year, when Kohl's increased its dividend by 4 cents, or 11%, to 39 cents a share. The annual rate of $1.56 a share is good for a yield of 2.6% at the current share price, above the S&P 500 average of 1.9%. The dividend growth rate is a robust 15%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Retailers have struggled to boost sales amid tepid wage growth, which has forced many consumers to trim spending.Macy's ( M ),Nordstrom ( JWN ) andDillard's ( DDS ) also reported weaker-than-expected quarterly sales. Discount retailer Kohl's is in buying range after showing surprising strength following a mixed earnings report. Menomonee Falls, Wis.-based Kohl's is expected to report full-year profit of $4.28 a share, up 6% from last year, followed by a 10% increase in 2015.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Retailers have struggled to boost sales amid tepid wage growth, which has forced many consumers to trim spending.Macy's ( M ),Nordstrom ( JWN ) andDillard's ( DDS ) also reported weaker-than-expected quarterly sales. The latest increase came earlier this year, when Kohl's increased its dividend by 4 cents, or 11%, to 39 cents a share.
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Retailers have struggled to boost sales amid tepid wage growth, which has forced many consumers to trim spending.Macy's ( M ),Nordstrom ( JWN ) andDillard's ( DDS ) also reported weaker-than-expected quarterly sales. Kohl's ( KSS ) stock is still in the 5% buy zone from Wednesday's breakout past a 58.30 buy point. Menomonee Falls, Wis.-based Kohl's is expected to report full-year profit of $4.28 a share, up 6% from last year, followed by a 10% increase in 2015.
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Retailers have struggled to boost sales amid tepid wage growth, which has forced many consumers to trim spending.Macy's ( M ),Nordstrom ( JWN ) andDillard's ( DDS ) also reported weaker-than-expected quarterly sales. Kohl's ( KSS ) stock is still in the 5% buy zone from Wednesday's breakout past a 58.30 buy point. On Thursday, Gilford Securities upgraded Kohl's to buy from neutral.
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2ecf68ba-0876-46d3-ac18-a7f792642db0
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719995.0
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2014-08-18 00:00:00 UTC
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Company News for August 18, 2014 - Corporate Summary
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DDS
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https://www.nasdaq.com/articles/company-news-for-august-18-2014-corporate-summary-2014-08-18
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nan
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nan
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• Shares of Dillard's Inc. ( DDS ) dropped 8.2% after reporting second quarter earnings per share of $0.80, missing the Zacks Consensus Estimate of $0.90
• NetEase, Inc.'s ( NTES ) shares rose 1.8% after posting second quarter earnings per share of $1.48, beating the Zacks Consensus Estimate of $1.42
• Shares of JD.com, Inc. ( JD ) declined 1.4% after announcing second quarter loss per share of $0.35, wider than the Zacks Consensus Estimate of loss per share of $0.02
• WuXi PharmaTech (Cayman) Inc.'s ( WX ) shares gained 1.8% after declaring second quarter earnings per share of $0.41, higher than the previous quarter's $0.24
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
DILLARDS INC-A (DDS): Free Stock Analysis Report
NETEASE INC (NTES): Free Stock Analysis Report
JD.COM INC-ADR (JD): Free Stock Analysis Report
WUXI PHARMATECH (WX): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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• Shares of Dillard's Inc. ( DDS ) dropped 8.2% after reporting second quarter earnings per share of $0.80, missing the Zacks Consensus Estimate of $0.90 • NetEase, Inc.'s ( NTES ) shares rose 1.8% after posting second quarter earnings per share of $1.48, beating the Zacks Consensus Estimate of $1.42 • Shares of JD.com, Inc. ( JD ) declined 1.4% after announcing second quarter loss per share of $0.35, wider than the Zacks Consensus Estimate of loss per share of $0.02 • WuXi PharmaTech (Cayman) Inc.'s ( WX ) shares gained 1.8% after declaring second quarter earnings per share of $0.41, higher than the previous quarter's $0.24 Want the latest recommendations from Zacks Investment Research? Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report NETEASE INC (NTES): Free Stock Analysis Report JD.COM INC-ADR (JD): Free Stock Analysis Report WUXI PHARMATECH (WX): Free Stock Analysis Report To read this article on Zacks.com click here. Today, you can download 7 Best Stocks for the Next 30 Days.
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• Shares of Dillard's Inc. ( DDS ) dropped 8.2% after reporting second quarter earnings per share of $0.80, missing the Zacks Consensus Estimate of $0.90 • NetEase, Inc.'s ( NTES ) shares rose 1.8% after posting second quarter earnings per share of $1.48, beating the Zacks Consensus Estimate of $1.42 • Shares of JD.com, Inc. ( JD ) declined 1.4% after announcing second quarter loss per share of $0.35, wider than the Zacks Consensus Estimate of loss per share of $0.02 • WuXi PharmaTech (Cayman) Inc.'s ( WX ) shares gained 1.8% after declaring second quarter earnings per share of $0.41, higher than the previous quarter's $0.24 Want the latest recommendations from Zacks Investment Research? Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report NETEASE INC (NTES): Free Stock Analysis Report JD.COM INC-ADR (JD): Free Stock Analysis Report WUXI PHARMATECH (WX): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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• Shares of Dillard's Inc. ( DDS ) dropped 8.2% after reporting second quarter earnings per share of $0.80, missing the Zacks Consensus Estimate of $0.90 • NetEase, Inc.'s ( NTES ) shares rose 1.8% after posting second quarter earnings per share of $1.48, beating the Zacks Consensus Estimate of $1.42 • Shares of JD.com, Inc. ( JD ) declined 1.4% after announcing second quarter loss per share of $0.35, wider than the Zacks Consensus Estimate of loss per share of $0.02 • WuXi PharmaTech (Cayman) Inc.'s ( WX ) shares gained 1.8% after declaring second quarter earnings per share of $0.41, higher than the previous quarter's $0.24 Want the latest recommendations from Zacks Investment Research? Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report NETEASE INC (NTES): Free Stock Analysis Report JD.COM INC-ADR (JD): Free Stock Analysis Report WUXI PHARMATECH (WX): Free Stock Analysis Report To read this article on Zacks.com click here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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• Shares of Dillard's Inc. ( DDS ) dropped 8.2% after reporting second quarter earnings per share of $0.80, missing the Zacks Consensus Estimate of $0.90 • NetEase, Inc.'s ( NTES ) shares rose 1.8% after posting second quarter earnings per share of $1.48, beating the Zacks Consensus Estimate of $1.42 • Shares of JD.com, Inc. ( JD ) declined 1.4% after announcing second quarter loss per share of $0.35, wider than the Zacks Consensus Estimate of loss per share of $0.02 • WuXi PharmaTech (Cayman) Inc.'s ( WX ) shares gained 1.8% after declaring second quarter earnings per share of $0.41, higher than the previous quarter's $0.24 Want the latest recommendations from Zacks Investment Research? Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report NETEASE INC (NTES): Free Stock Analysis Report JD.COM INC-ADR (JD): Free Stock Analysis Report WUXI PHARMATECH (WX): Free Stock Analysis Report To read this article on Zacks.com click here. Today, you can download 7 Best Stocks for the Next 30 Days.
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5003e81f-f1be-408e-b7dc-9ed397a67127
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719996.0
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2014-08-18 00:00:00 UTC
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Dillard's (DDS) Posts Bleak Q2 Earnings, Reiterates Guidance - Analyst Blog
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DDS
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https://www.nasdaq.com/articles/dillards-dds-posts-bleak-q2-earnings-reiterates-guidance-analyst-blog-2014-08-18
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nan
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nan
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Leading fashion apparel, cosmetics and home furnishings retailer, Dillard's Inc. ( DDS ) reported lower-than-anticipated second-quarter fiscal 2014 results, wherein adjusted earnings of 80 cents per share missed the Zacks Consensus Estimate of 90 cents per share while it increased 1.3% year over year.
Dillard's, Inc - Earnings Surprise | FindTheBest
Sales & Comps
Dillard's net sales (including CDI Contractors LLC or CDI) decreased 3.4% year over year to $1,474.5 million in the quarter, improving marginally from the earlier-year figure of $1,479.9 million. Merchandise sales, excluding CDI, came in at $1,461 million almost flat compared with $1,459 million last year.
The company's total revenue (including service charges and other income) of $1,512.9 million reflected a marginal decline from the year-ago quarter revenue of $1,516.8 million and was lower than the Zacks Consensus Estimate of $1,538 million.
Merchandise comparable store sales (comps) for the thirteen-week period ended Aug 2, 2014 were up 1% from the thirteen-week period ended Aug 3, 2013.
During the quarter, the outperforming categories were juniors' and children's apparel. This was followed by strong performance at the men's apparel and accessories category. However, the home and furniture categories recorded the lowest sales in the quarter. The best performing region was Central, followed by the Eastern and Western regions, respectively.
Operating Results
In the quarter, consolidated gross margin declined 20 basis points (bps) to 33.8%, while gross margin from retail operations (excluding CDI) contracted 33 bps. The year-over-year contraction in retail gross margin was primarily due to higher markdowns.
Dillard's selling, general and administrative (SG&A) expenses for the quarter increased 0.6% to $400.5 million from $398.2 million in the prior year, primarily due to higher payroll costs offset by reduced insurance and advertising expenses. SG&A as a percentage of sales contracted 30 bps to 27.2% in the quarter.
Operating income for the quarter was $53.1 million, down 4.8% from $55.8 million in the prior year. Moreover, as a percentage of sales, it contracted 20 bps to 3.6%. The decline was driven by higher SG&A expenses and rentals, offset by lower depreciation and amortization expenses.
Other Financial Details
Dillard's ended the quarter with cash and cash equivalents of $235.3 million compared with $113.7 million at the end of second-quarter last year. As of Aug 2, 2014, the company's long-term debt and capital leases improved marginally to $621.1 million from $621.9 million as of Aug 3, 2013.
For the six months of fiscal 2014, the company's net cash flow from operations was $133.8 million compared with $131.7 million in the prior-year period.
Store Update
As of Aug 2, 2014, Dillard's had about 278 namesake outlets and 18 clearance centers operating in 29 states and an online store at www.dillards.com. Dillard's total square footage as of Aug 2, 2014 was 50.5 million.
Fiscal 2014 Outlook
Dillard's reiterated its forecast for fiscal 2014. The company continues to expect fiscal 2014 depreciation and amortization expenses to be about $255 million, flat from fiscal 2013 level. Moreover, it projects rentals of approximately $26 million compared with $27 million reported for fiscal 2013. Net interest and debt expenses for the year are expected to be nearly $61 million compared with $65 million in fiscal 2013.
Moreover, the company intends to spend about $150 million toward capital expenditure in fiscal 2014, compared with $95 million spent in fiscal 2013.
Other Stocks to Consider
Currently, Dillard's holds a Zacks Rank #4 (Sell). Better-ranked stocks in the retail industry include Citi Trends Inc. ( CTRN ), The Men's Wearhouse Inc. ( MW ) and Buckle Inc. ( BKE ). Of these, Citi Trends and Men's Wearhouse carry a Zacks Rank #1 (Strong Buy) while Buckle has a Zacks Rank #2 (Buy).
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DILLARDS INC-A (DDS): Free Stock Analysis Report
BUCKLE INC (BKE): Free Stock Analysis Report
CITI TRENDS INC (CTRN): Free Stock Analysis Report
MENS WEARHOUSE (MW): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Leading fashion apparel, cosmetics and home furnishings retailer, Dillard's Inc. ( DDS ) reported lower-than-anticipated second-quarter fiscal 2014 results, wherein adjusted earnings of 80 cents per share missed the Zacks Consensus Estimate of 90 cents per share while it increased 1.3% year over year. Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report BUCKLE INC (BKE): Free Stock Analysis Report CITI TRENDS INC (CTRN): Free Stock Analysis Report MENS WEARHOUSE (MW): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's, Inc - Earnings Surprise | FindTheBest Sales & Comps Dillard's net sales (including CDI Contractors LLC or CDI) decreased 3.4% year over year to $1,474.5 million in the quarter, improving marginally from the earlier-year figure of $1,479.9 million.
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Leading fashion apparel, cosmetics and home furnishings retailer, Dillard's Inc. ( DDS ) reported lower-than-anticipated second-quarter fiscal 2014 results, wherein adjusted earnings of 80 cents per share missed the Zacks Consensus Estimate of 90 cents per share while it increased 1.3% year over year. Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report BUCKLE INC (BKE): Free Stock Analysis Report CITI TRENDS INC (CTRN): Free Stock Analysis Report MENS WEARHOUSE (MW): Free Stock Analysis Report To read this article on Zacks.com click here. Operating Results In the quarter, consolidated gross margin declined 20 basis points (bps) to 33.8%, while gross margin from retail operations (excluding CDI) contracted 33 bps.
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Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report BUCKLE INC (BKE): Free Stock Analysis Report CITI TRENDS INC (CTRN): Free Stock Analysis Report MENS WEARHOUSE (MW): Free Stock Analysis Report To read this article on Zacks.com click here. Leading fashion apparel, cosmetics and home furnishings retailer, Dillard's Inc. ( DDS ) reported lower-than-anticipated second-quarter fiscal 2014 results, wherein adjusted earnings of 80 cents per share missed the Zacks Consensus Estimate of 90 cents per share while it increased 1.3% year over year. Dillard's, Inc - Earnings Surprise | FindTheBest Sales & Comps Dillard's net sales (including CDI Contractors LLC or CDI) decreased 3.4% year over year to $1,474.5 million in the quarter, improving marginally from the earlier-year figure of $1,479.9 million.
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Leading fashion apparel, cosmetics and home furnishings retailer, Dillard's Inc. ( DDS ) reported lower-than-anticipated second-quarter fiscal 2014 results, wherein adjusted earnings of 80 cents per share missed the Zacks Consensus Estimate of 90 cents per share while it increased 1.3% year over year. Click to get this free report DILLARDS INC-A (DDS): Free Stock Analysis Report BUCKLE INC (BKE): Free Stock Analysis Report CITI TRENDS INC (CTRN): Free Stock Analysis Report MENS WEARHOUSE (MW): Free Stock Analysis Report To read this article on Zacks.com click here. Dillard's, Inc - Earnings Surprise | FindTheBest Sales & Comps Dillard's net sales (including CDI Contractors LLC or CDI) decreased 3.4% year over year to $1,474.5 million in the quarter, improving marginally from the earlier-year figure of $1,479.9 million.
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61f2b6f1-e694-4f0c-a21e-0eec39cb8512
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719997.0
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2014-08-18 00:00:00 UTC
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#PreMarket Primer: Monday, August 18: Jackson Hole Draws Market Attention
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DDS
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https://www.nasdaq.com/articles/premarket-primer-monday-august-18-jackson-hole-draws-market-attention-2014-08-18
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nan
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nan
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Central bankers and economists from around the world will gather in Jackson Hole, Wyoming, this weekend to discuss the direction of the global economy from August 21-23. The meeting is expected to captivate markets as investors look for any clues about future monetary policy.
Fed Chair Janet Yellen, set to speak on Friday, is widely expected to maintain her previous call for patience on an interest rate rise despite the country's rapidly improving labor market. Most don't expect to see any major surprises from the meeting, but instead more reassurance about the direction of central banks around the world.
Top News
In other news around the markets:
Over the weekend, Iraqi forces continued their push to retake the Mosul Dam with the help of U.S. air support. The dam, the nation's largest, is a key stronghold for Islamist militants, as it would allow them to flood or cut off power and electricity to cities in the north. As of Sunday, the Kurdish forces had not gained control of the dam itself, but had retaken a large part of the surrounding area. On Monday, the tension between Russia and Ukraine eased slightly after reports that the two had come to an agreement regarding humanitarian aid. Russia's Foreign Ministry announced that the two had agreed on the terms of Moscow's aid convoy, but that progress on a ceasefire agreement was sluggish. The Department of Justice piled more charges onto FedEx last week as part of an investigation into illegal prescription drug sales. On Friday, the company was accused of conspiracy to launder money, as the delivery services company was allegedly aware that some of the payments for its service came from false prescriptions. Despite the mounting charges, the company maintained its innocence and vowed to plead 'not guilty.' Volvo is preparing to release its first SUV model since becoming a Chinese company. The new model, called the XC90, is expected to fall in the $65,000-$135,000 price range and will be a key turning point for the company. If the car is successful, it could help the company grow its market share in Europe and the U.S. after a few years of decline in both markets.
Asian Markets
Asian markets were mostly higher with the exception of the KOSPI, which lost 0.49 percent. The Shanghai composite was up 0.57 percent, the NIKKEI gained 0.03 percent and the Shenzhen composite rose 1.20 percent.
European Markets
Europe's markets began the week on a high note; the FTSE gained 0.57 percent, the STOXX 600 was up 0.98 percent, the DAX rose 1.47 percent and the CAC 40 was up 1.23 percent.
Commodities
Energy futures were lower as geopolitical risks subsided. Brent futures lost 1.09 percent and WTI futures were down 0.81 percent. Gold was down 0.34 percent, but silver gained 0.15 percent and Industrial metals were also mixed. Copper and zinc both fell by 0.13 percent, but aluminum and tin were up by 0.15 percent and 0.11 percent, respectively.
Currencies
The euro began the week on the decline, losing 0.09 percent against the dollar and 0.40 percent against the pound. The dollar was up 0.11 percent against the yen and 0.19 percent against the franc, but lost 0.22 percent against the pound and 0.13 percent against the Canadian dollar.
Earnings
Notable earnings released on Friday included:
Estee Lauder Companies (NYSE: EL ) reported second quarter EPS of $0.45 on revenue of $2.73 billion, compared to last year's EPS of $0.24 on revenue of $2.41 billion. Dillard's (NYSE: DDS ) reported second quarter EPS of $0.80 on revenue of $1.47 billion, compared to last year's EPS of $0.86 on revenue of $1.52 billion.
Pre-Market Movers
Stocks moving in the Premarket included:
Time Warner (NYSE: TWX ) was up 1.62 percent in premarket trade after gaining 4.47 percent over the past week. Carnival (NYSE: CCL ) gained 1.26 percent in premarket trade after losing 0.40 percent on Friday. Gilead Sciences (NASDAQ: GILD ) rose 0.75 percent in premarket trade after gaining 3.25 percent on Friday. Union Pacific (NYSE: UNP ) was up 0.66 percent in premarket trade after rising 3.40 percent over the past week.
Notable earnings releases expected on Monday include:
Urban Outfitters (NASDAQ: URBN ) is expected to report second quarter EPS of $0.49 on revenue of $807.45 million, compared to last year's EPS of $0.51 on revenue of $758.52 million. Perfect World Co. (NASDAQ: PWRD ) is expected to report second quarter EPS of $0.41 on revenue of $149.76 million, compared to last year's EPS of $0.27 on revenue of $115.44 million.
Economics
Monday will be a relatively quiet day for economic data with releases including New Zealand PPI, South Korean PPI and Hong Kong's unemployment rate
For a recap of Friday's market action, click .
Tune into Benzinga's pre-market info show with Kara Swisher, Greg Harmon, Jim Lacamp & Greg Michalowski here .
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Free Trading Education - Check out the free events taking place on Marketfy this week. Spaces are limited. Sign up today.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Dillard's (NYSE: DDS ) reported second quarter EPS of $0.80 on revenue of $1.47 billion, compared to last year's EPS of $0.86 on revenue of $1.52 billion. Central bankers and economists from around the world will gather in Jackson Hole, Wyoming, this weekend to discuss the direction of the global economy from August 21-23. Fed Chair Janet Yellen, set to speak on Friday, is widely expected to maintain her previous call for patience on an interest rate rise despite the country's rapidly improving labor market.
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Dillard's (NYSE: DDS ) reported second quarter EPS of $0.80 on revenue of $1.47 billion, compared to last year's EPS of $0.86 on revenue of $1.52 billion. Earnings Notable earnings released on Friday included: Estee Lauder Companies (NYSE: EL ) reported second quarter EPS of $0.45 on revenue of $2.73 billion, compared to last year's EPS of $0.24 on revenue of $2.41 billion. Notable earnings releases expected on Monday include: Urban Outfitters (NASDAQ: URBN ) is expected to report second quarter EPS of $0.49 on revenue of $807.45 million, compared to last year's EPS of $0.51 on revenue of $758.52 million.
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Dillard's (NYSE: DDS ) reported second quarter EPS of $0.80 on revenue of $1.47 billion, compared to last year's EPS of $0.86 on revenue of $1.52 billion. European Markets Europe's markets began the week on a high note; the FTSE gained 0.57 percent, the STOXX 600 was up 0.98 percent, the DAX rose 1.47 percent and the CAC 40 was up 1.23 percent. The dollar was up 0.11 percent against the yen and 0.19 percent against the franc, but lost 0.22 percent against the pound and 0.13 percent against the Canadian dollar.
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Dillard's (NYSE: DDS ) reported second quarter EPS of $0.80 on revenue of $1.47 billion, compared to last year's EPS of $0.86 on revenue of $1.52 billion. European Markets Europe's markets began the week on a high note; the FTSE gained 0.57 percent, the STOXX 600 was up 0.98 percent, the DAX rose 1.47 percent and the CAC 40 was up 1.23 percent. Brent futures lost 1.09 percent and WTI futures were down 0.81 percent.
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fadd37c1-c3d6-4367-a5fc-453c18628a08
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719998.0
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2014-08-15 00:00:00 UTC
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Markets Gain; J.C. Penney Posts Narrower-Than-Expected Q2 Loss
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DDS
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https://www.nasdaq.com/articles/markets-gain-jc-penney-posts-narrower-expected-q2-loss-2014-08-15
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nan
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nan
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Following the market opening Friday, the Dow traded up 0.28 percent to 16,760.50 while the NASDAQ surged 0.52 percent to 4,476.34. The S&P also rose, gaining 0.34 percent to 1,961.80.
Leading and Lagging Sectors
In trading on Friday, telecommunications services shares were relative leaders, up on the day by about 0.68 percent. Meanwhile, top gainers in the sector included China Mobile (NYSE: CHL ), up 3.5 percent, and ARC Group Worldwide (NASDAQ: ARCW ), up 2.2 percent.
Cyclical consumer goods & services shares gained by just 0.12 percent in today's trading. Meanwhile, top decliners in the sector included Biglari Holdings (NYSE: BH ), down 2.4 percent, and Dillard's (NYSE: DDS ), off 4.1 percent.
Top Headline
On Thursday, J. C. Penney (NYSE: JCP ) reported a narrower-than-expected second-quarter results.
JC Penney reported a quarterly loss of $0.75 per share on revenue of 2.80 billion, versus analysts' estimates of a $0.93 loss on revenue of 2.79 billion.
The company's same-store sales climbed 6% in the quarter.
Equities Trading UP
Monster Beverage (NASDAQ: MNST ) shares shot up 28.28 percent to $91.91. Coca-Cola Company (NYSE: KO ) and Monster Beverage announced a long-term strategic partnership. As part of the deal, Coca-Cola will buy a 16.7% equity stake in Monster.
Shares of Achillion Pharmaceuticals (NASDAQ: ACHN ) got a boost, shooting up 14.11 percent to $9.63 on hepatitis C drug study.
SINA (NASDAQ: SINA ) shares were also up, gaining 6.81 percent to $51.08 after the company reported upbeat quarterly results.
Equities Trading DOWN
Shares of Weibo (NASDAQ: WB ) were down 6.69 percent to $20.02 on Q2 results.
Nordstrom (NYSE: JWN ) shares tumbled 4.31 percent to $65.73 after the company reported Q2 results. The company reported earnings of $183 million, or $0.95 per share.
Dillard's (NYSE: DDS ) was, falling 4.65 percent to $110.23 after the company reported weaker-than-expected fiscal second-quarter earnings.
Commodities
In commodity news, http://www.benzinga.com/news/14/08/4783134/supply-glut-keeps-brent-near-13-month-low "> oil traded up 0.37 percent to $95.93, while gold traded down 1.52 percent to $1,295.70.
Silver traded down 1.59 percent Friday to $19.59, while copper fell 0.05 percent to $3.11.
Eurozone
European shares http://www.benzinga.com/news/14/08/4783133/euro-steady-despite-soft-gdp-data "> were higher today. The eurozone's STOXX 600 rose 0.69 percent, while the Spanish Ibex Index climbed 0.92 percent. Meanwhile, the German DAX rose 0.83 percent and the French CAC 40 surged 0.95 percent while UK shares gained 0.70 percent.
Economics
The Empire State manufacturing index fell to 14.7 in August from 25.6 in July.
US producer prices rose 0.1% in July.
US industrial production climbed 0.4% in July, versus economists' expectations for a 0.3% gain.
The preliminary reading of Reuters/University of Michigan's consumer sentiment index fell to 79.20 in August, versus a prior reading of 81.80. However, economists were expecting a reading of 82.50.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Free Trading Education - Check out the free events taking place on Marketfy this week. Spaces are limited. Sign up today.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Dillard's (NYSE: DDS ) was, falling 4.65 percent to $110.23 after the company reported weaker-than-expected fiscal second-quarter earnings. Meanwhile, top decliners in the sector included Biglari Holdings (NYSE: BH ), down 2.4 percent, and Dillard's (NYSE: DDS ), off 4.1 percent. Leading and Lagging Sectors In trading on Friday, telecommunications services shares were relative leaders, up on the day by about 0.68 percent.
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Meanwhile, top decliners in the sector included Biglari Holdings (NYSE: BH ), down 2.4 percent, and Dillard's (NYSE: DDS ), off 4.1 percent. Dillard's (NYSE: DDS ) was, falling 4.65 percent to $110.23 after the company reported weaker-than-expected fiscal second-quarter earnings. JC Penney reported a quarterly loss of $0.75 per share on revenue of 2.80 billion, versus analysts' estimates of a $0.93 loss on revenue of 2.79 billion.
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Meanwhile, top decliners in the sector included Biglari Holdings (NYSE: BH ), down 2.4 percent, and Dillard's (NYSE: DDS ), off 4.1 percent. Dillard's (NYSE: DDS ) was, falling 4.65 percent to $110.23 after the company reported weaker-than-expected fiscal second-quarter earnings. SINA (NASDAQ: SINA ) shares were also up, gaining 6.81 percent to $51.08 after the company reported upbeat quarterly results.
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Meanwhile, top decliners in the sector included Biglari Holdings (NYSE: BH ), down 2.4 percent, and Dillard's (NYSE: DDS ), off 4.1 percent. Dillard's (NYSE: DDS ) was, falling 4.65 percent to $110.23 after the company reported weaker-than-expected fiscal second-quarter earnings. Following the market opening Friday, the Dow traded up 0.28 percent to 16,760.50 while the NASDAQ surged 0.52 percent to 4,476.34.
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1708b719-36c3-4001-93d8-1ef0235b69e4
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719999.0
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2014-08-11 00:00:00 UTC
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Monday Sector Laggards: Department Stores, Packaging & Containers
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DDS
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https://www.nasdaq.com/articles/monday-sector-laggards-department-stores-packaging-containers-2014-08-11
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nan
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nan
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In trading on Monday, department stores shares were relative laggards, about flat on the day. Helping drag down the group were shares of Sportsman's Warehouse Holdings ( SPWH ), off about 3% and shares of Dillard's ( DDS ) off about 1.8% on the day.
Also lagging the market Monday are packaging & containers shares, up on the day by about 0.2% as a group, led down by Sealed Air ( SEE ), trading lower by about 0.1% and Bemis ( BMS ), trading lower by about 0.1%.
VIDEO: Monday Sector Laggards: Department Stores, Packaging & Containers
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Helping drag down the group were shares of Sportsman's Warehouse Holdings ( SPWH ), off about 3% and shares of Dillard's ( DDS ) off about 1.8% on the day. In trading on Monday, department stores shares were relative laggards, about flat on the day. Also lagging the market Monday are packaging & containers shares, up on the day by about 0.2% as a group, led down by Sealed Air ( SEE ), trading lower by about 0.1% and Bemis ( BMS ), trading lower by about 0.1%.
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Helping drag down the group were shares of Sportsman's Warehouse Holdings ( SPWH ), off about 3% and shares of Dillard's ( DDS ) off about 1.8% on the day. In trading on Monday, department stores shares were relative laggards, about flat on the day. VIDEO: Monday Sector Laggards: Department Stores, Packaging & Containers The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Helping drag down the group were shares of Sportsman's Warehouse Holdings ( SPWH ), off about 3% and shares of Dillard's ( DDS ) off about 1.8% on the day. Also lagging the market Monday are packaging & containers shares, up on the day by about 0.2% as a group, led down by Sealed Air ( SEE ), trading lower by about 0.1% and Bemis ( BMS ), trading lower by about 0.1%. VIDEO: Monday Sector Laggards: Department Stores, Packaging & Containers The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Helping drag down the group were shares of Sportsman's Warehouse Holdings ( SPWH ), off about 3% and shares of Dillard's ( DDS ) off about 1.8% on the day. In trading on Monday, department stores shares were relative laggards, about flat on the day. VIDEO: Monday Sector Laggards: Department Stores, Packaging & Containers The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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32859f6c-8660-4109-8a47-e4b216199e5a
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